HomeTopicsCrimeCosta Rica Busts Massive Property Fraud Ring

Costa Rica Busts Massive Property Fraud Ring

The Judicial Investigation Organism (OIJ) confirmed the arrest of a group of people linked to the irregular acquisition of 300 properties and money laundering. The OIJ discovered that, as part of the scheme to legitimize the money, they set up various businesses such as bus services and outlet stores.

Authorities conducted 47 raids in Alajuela, Heredia, Cartago, San José, and Puntarenas on Tuesday, seizing 38 vehicles and 13 buses from Alajuela and Puntarenas. As confirmed by the OIJ, 54 people are being investigated.

“Motherland” (“Madre Patria”), as the case is known, had been under investigation for two and a half years. The director of the OIJ, Randall Zúñiga, described the operation as “organized crime” due to the complex organization of participants.

Two Spaniards are identified as the coordinators. Additionally, the OIJ revealed that 12 notaries in charge of registration procedures, 5 traffic police officers, a judge from Desamparados who provided legal advice, a technician from the Public Defender’s Office, an archive technician, and a judicial officer stationed in La Unión were involved.

“They obtain properties that are perhaps in some kind of disuse. They would steal them from the registry, presumably, and then sell them to other people,” said Zúñiga.

As part of the investigation, the group’s participation in the cryptocurrency market is also being reviewed. “In just one day, to get an idea of the amount of money handled by this organization, they traded $13 million in Bitcoins,” said Zúñiga. The OIJ had been examining the possible crimes of registry fraud, money laundering, and ideological falsehood.

One of the Spaniards arrested in San Rafael de Heredia, an alleged leader, lived a luxurious life. At his property, raided on Tuesday, he had a swimming pool and five luxury cars. In addition, a collection of fine watches and four safes containing jewelry were seized.

“This Spaniard is one of the main leaders of the criminal structure that we are dismantling today. There are two Spaniards who have been living in the country for 10 years. The raided property, where one of them lives, comes from a registration fraud, according to the investigation,” said Michael Soto, deputy director of the OIJ.

Trending Now

Costa Rica Begins Rebuild of the Airport Serving Quepos/Manuel Antonio

Work began on a $13.4 million upgrade of the Quepos airport near Manuel Antonio, adding room for nine small aircraft now and a new passenger terminal by 2028.

Costa Rica’s First Cold Push of the Season Brings Stronger Winds and Rain

Costa Rica is beginning to feel the effects of the first cold push of the season, bringing stronger winds to Guanacaste and the Central...

Beachfront Lights Are Driving Sea Turtles Away From Costa Rica’s Nesting Beaches

Artificial light from hotels, homes and streets can keep female sea turtles from nesting and send hatchlings inland. A CREMA biologist says nesting has dropped at Tamarindo and Santa Teresa.

US Embassy Helped Mother Get Son Out of Costa Rica Community, She Says

An American mother says she watched her son grow thinner and more distant over more than two years in a religious community in Pérez...

Costa Rica Mayor Investigated in Guanacaste Beachfront Hotel Permit Scandal

Costa Rican prosecutors are investigating the mayor of Santa Cruz, his son and seven others over suspected irregularities involving beachfront hotel construction permits and coastal land concessions in Guanacaste.

Costa Rica Opens Walk-In Motorcycle Road Tests Without Appointments

If you've passed your motorcycle theory test and can't find a road-test appointment, you don't need one this week. Through Friday, Oct. 30, you...

Costa Rica and DEA Expand Drug Investigations to Politicians and Business Leaders

Costa Rica is expanding its cooperation with the United States Drug Enforcement Administration (DEA) to investigate suspected drug traffickers operating behind legitimate businesses and...

New Rival Enters UN Leadership Race as Costa Rica’s Grynspan Faces Deadlock

Costa Rica's Rebeca Grynspan faces a new challenge in her campaign to become the next United Nations secretary-general after a senior diplomat from the...

Will Costa Rica’s New Megaprison Make Life Safer?

Leave it to the Frente Amplio (Broad Front) political party to spoil the fiesta. Our sparkling new 34 million dollar megaprison was all ready...
Loading…

Latest News from Costa Rica

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