No menu items!

COSTA RICA'S LEADING ENGLISH LANGUAGE NEWSPAPER

HomeTopicsBusinessUPDATE: Costa Rican police raid law offices in connection with €8.5 million...

UPDATE: Costa Rican police raid law offices in connection with €8.5 million fraud investigation

Update: Aug. 18, 5:12 p.m.

Antonio Robles, name partner of Robles Oreamuno y Asociados, the law firm searched by Judicial Investigation Police (OIJ) Tuesday morning, told The Tico Times that the firm had severed ties with a Dutch client who allegedly purchased real estate in Costa Rica with funds from a multi-million-euro scam more than three years ago.

“We are totally unaware of any illicit activities involving him,” Robles said.

The lawyer said that the firm did set up a corporation for the Dutch suspect, Fred Kras, to buy property in Costa Rica but that the firm was unaware of any possible wrong-doing at the time.

Robles said that at some point more than three years ago Kras had told them that he had legal troubles in the Netherlands but would not elaborate. Upon hearing this, Robles said the firm decided to cut ties with Kras and no longer represent his interests in Costa Rica. The firm sent a letter dated Feb. 24, 2014 to Kras’ lawyer in Spain — where the Dutchman was arrested in 2010 — repeating their board’s decision to drop him as a client.

Original article continues here:

Judicial Investigation Police (OIJ) raided the law offices of Robles Oreamuno in downtown San José and in the Pacific beach town of Quepos on Tuesday in connection with a €8.5 million fraud investigation.

OIJ spokeswoman Xinia Zamora said that the raid aimed to discover if the law firm was aware of the illicit source of money used to buy properties in Costa Rica by Dutch businessman Fred Kras. The Dutchman was arrested in Spain in 2010 for defrauding investors in a solar energy scam between August 2007 and September 2009. The funds collected in the scam were invested in Spain and Costa Rica, Zamora said. Kras is under arrest in the Netherlands.

Robles Oreamuno set up a corporation used to buy properties in Costa Rica for the fraudster, whose name Costa Rican authorities have not yet made public.

Besides the law firm in San José, two other properties in Quepos were raided by police in the search for evidence.

This story is developing. Follow wordpress-257819-2837440.cloudwaysapps.com for updates.

Trending Now

Costa Rica Faces Windy Weather from Cold Front No. 6

Costa Ricans faced brisk winds and intermittent showers when getting to work this morning, as Cold Front No. 6 positioned itself over the central...

WTA Crowns Gauff-Zheng Rome Semifinal as 2025 Match of the Year

The WTA has named the grueling Rome semifinal between Coco Gauff and Qinwen Zheng as its 2025 Match of the Year, a fan-voted honor...

Costa Rica Joins El Salvador in New Security Pact Against Organized Crime

Presidents Nayib Bukele of El Salvador and Rodrigo Chaves of Costa Rica signed the Coatepeque Declaration security pact, forming the Escudo de las Américas...

The Five Latin Athletes Who Made Headlines in 2025

Whether because of their successes or their defeats, five Latin American athletes drew the spotlight in 2025. Lionel Messi: no expiration date At 38, he once...

Costa Rica is a Leading Digital Nomad Destination in 2026

Costa Rica was given a spot among the world's leading destinations for remote workers looking ahead to 2026. According to recent Google search trends,...

Vuelta Ciclista a Costa Rica 2025 Starts Today

Cyclists from Costa Rica and neighboring countries line up today for the start of the Vuelta Ciclista Internacional a Costa Rica Telecable 2025. The...
Costa Rica Coffee Maker Chorreador
Costa Rica Coffee Maker Chorreador
Costa Rica Travel Insurance
Costa Rica Travel

Latest News from Costa Rica