No menu items!

COSTA RICA'S LEADING ENGLISH LANGUAGE NEWSPAPER

HomeTopicsCrimeCosta Rica court suspends fraud trial against Luis 'The Cuban' Milanés, citing...

Costa Rica court suspends fraud trial against Luis ‘The Cuban’ Milanés, citing defendant’s weak heart

A fraud trial in Costa Rica against 63-year-old Cuban-American businessman Luis Angel Milanés Tamayo was suspended Monday morning following a request by a defense attorney who said his client suffers health problems.

A criminal court in San José granted attorney Hugo Navas’ request based on medical reports stating that Milanés’ heart condition prevented him from attending the trial. Milanés was scheduled to attend court at 8 a.m., but he arrived with his lawyer at about 10 a.m. to file the request.

Milanés, aka “The Cuban,” is facing a fraud trial for the sudden closure in 2002 of his “investment” company, Savings Unlimited. That same year he fled Costa Rica after a group of about 500 victims – mostly U.S. and Costa Rican citizens – denounced him for allegedly making off with $46 million of their money. After six years on the run, Milanés was arrested on June 19, 2008 at an airport in El Salvador, where local police nabbed him with someone else’s Costa Rican passport.

In May 2011, he reached an agreement with plaintiffs and pledged to begin paying them by using nine properties with an estimated value of $12 million. He also promised to give them $1.8 million in cash by November 2012.

A criminal court last September ordered Milanés to be brought to trial and prosecuted after he failed to pay back more than half a million dollars of that settlement.

Last November the owners of a San José business group that included Milanés closed a hotel and two casinos and laid off 250 employees. Attorney Hugo Navas, also the group’s attorney, at the time said the closure was due to high operating costs.

Milanés was ordered to undergo health evaluations by Judicial Police forensic experts on Monday afternoon in order to reschedule his appearance in court.

Trending Now

Costa Rica Faces Growing Obesity Challenge as Weight-Loss Drug Awaits Approval

Costa Rica draws praise for its fresh foods, active habits, and solid public health network. But a shift toward heavier weights threatens that picture....

Poás Volcano National Park Remains Shut as Bridge Repairs Drag On

Travelers planning a visit to Poás Volcano National Park face ongoing disruptions after authorities extended the closure of the site's main access route. The...

Costa Rica’s San Carlos Hospital Under Fire for 26-Year Appointment Waits

Patients at San Carlos Hospital in northern Costa Rica are facing staggering delays for medical appointments, with some waits stretching as far as 26...

Canadian Drug Kingpin Nabbed in Costa Rica After Two-Year Manhunt

Costa Rican authorities arrested a Canadian man accused of leading a large-scale drug and weapons operation in British Columbia. Jesse Michael Valentino Bou-Saleh, 35,...

Severe Winter Storm in North America Halts Flights to Costa Rica

A powerful winter storm hitting parts of the United States and Canada is affecting Costa Rica’s flight schedule, triggering cancellations, suspended itineraries, and lengthy...

Can a New Supermax Prison Slow Costa Rica’s Gang Violence

Last year I wrote an article suggesting that Costa Rica build a maximum security prison like the one in El Salvador. The idea was...
L. Arias
L. Arias
Reporter | The Tico Times |
Costa Rica Coffee Maker Chorreador
Costa Rica Coffee Maker Chorreador
Costa Rica Travel Insurance
Costa Rica Travel

Latest News from Costa Rica