No menu items!

COSTA RICA'S LEADING ENGLISH LANGUAGE NEWSPAPER

HomeNewsCosta Rica Busts Major Cryptocurrency Laundering Ring

Costa Rica Busts Major Cryptocurrency Laundering Ring

At least 36 people were arrested this Tuesday in Costa Rica in a vast police operation, including judges, lawyers, and two Spanish ringleaders of the gang dedicated to property theft and money laundering through cryptocurrencies, authorities reported.

The director of the Judicial Investigation Agency (OIJ), Randall Zúñiga, said in a press conference that it is “a fairly consolidated criminal organization” that allegedly “was dedicated to stealing or robbing properties from people in the country and subsequently legitimizing them to third parties.”

According to the investigation, which began two and a half years ago, the network laundered capital from stolen properties through the purchase of cryptocurrencies. “In a single transaction on one particular day, they moved 13 million dollars in bitcoin,” Zúñiga commented.

The gang had the services of cryptocurrency experts, and its ringleaders were two Spanish citizens, aged 41 and 42, without regular migratory status in Costa Rica, he indicated.

During the operation, which involved about 500 OIJ agents, 47 raids were carried out throughout the country. At least 36 were arrested, and others are expected to be apprehended shortly.

Zúñiga specified that all those arrested are charged with crimes of “registry fraud, ideological falsehood, and money laundering.” “Lawyers, notaries, public officials, including five traffic officers, have been arrested,” he added.

The gang had as a “parallel activity” public transportation lines with private buses and used traffic agents to fine their competitors and “be able to take them out of circulation,” the official stated.

“It’s a criminal group that moved a lot of money,” Zúñiga noted. According to the OIJ, at least a hundred properties were stolen, although one of those arrested speaks of up to 300.

Trending Now

This Costa Rica Coffee Just Sold for $200 a Pound

A coffee grown high in the mountains of Los Santos sold for $200.10 per pound at Costa Rica's 2026 Cup of Excellence auction, anchoring...

Late Messi Magic Sends Argentina Past England Into World Cup Final

Argentina overturned a one-goal deficit in the closing minutes to beat England 2-1 in Atlanta on Wednesday, sending the defending champions through to the...

Carlos Alcaraz Return Leads Latin Charge at 2026 Cincinnati Open

Carlos Alcaraz will return to competition at the Cincinnati Open, where the defending champion will lead a powerful field that includes 10 former tournament...

Rain and Thunderstorms Hit Costa Rica Today as Wet Weekend Pattern Holds

Another wet weekend. A humid, unstable pattern is parked over southern Central America, and it is going to stay there through Sunday, which means...

Costa Rica Prison Tour Proposal for Students Prompts Debate

President Laura Fernández’s proposal to take students from high-crime neighborhoods on visits to Costa Rica’s new maximum-security prison has opened a national debate over...

US and Canadian Travelers Are Next in Line for Costa Rica’s Airport E-Gates

If you hold a US or Canadian passport, the immigration line at Juan Santamaría may soon stop being the worst part of arriving in...

Costa Rica’s First Fogo de Chão Will Open in Escazú

Brazilian steakhouse chain Fogo de Chão should be opening its first restaurant in Costa Rica this month, bringing its fire-roasted meats and tableside dining...

Flying to Costa Rica in the 1990s: Free Drinks, Meals and Smoking

Flying from Miami to Costa Rica in the 1990s could mean a hot meal, repeated rounds of complimentary drinks and a seat only a...

Mexico Earthquake Triggers Tsunami Alert with Little Risk to Costa Rica

A magnitude 7.3 earthquake struck off the Pacific coast of southern Mexico this morning, setting off a tsunami alert for parts of Mexico and...
🌴 The Weekly Pura Vida

Costa Rica, Once a Week

The week's top stories, weather & insider tips — delivered every Sunday. One email, zero clutter.

🔒 Free. No spam. Unsubscribe anytime.

Loading…

Latest News from Costa Rica

Costa Rica Coffee Maker Chorreador
Costa Rica Car Rentals
Costa Rica Travel Insurance
Costa Rica Travel