No menu items!

COSTA RICA'S LEADING ENGLISH LANGUAGE NEWSPAPER

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

Messi Retires from Argentina After 20 years with the National Team

Lionel Messi announced today that he is retiring from the Argentina national team, closing a 20-year international career that ended with a World Cup...

Tourist Guide Dies in Flash Flood on Pérez Zeledón River

A tourist guide died yesterday when a wall of water came down the Río Barú in Pérez Zeledón and caught a group of roughly...

Costa Rica Free Zones Lose Jobs for First Time in Seven Years

Employment in Costa Rica’s free-zone regime fell year over year in July for the first time in seven years, ending a long stretch of...

Costa Rica’s president says US ground operations would benefit national security

President Laura Fernández said US ground operations on Costa Rican soil would be good for national security if they pursued shared targets, while stressing...

Costa Rica Renters Face Major Barriers to Buying a Home

More than eight out of every 10 Costa Rican households that rent would face serious income barriers if they tried to finance even a...

Costa Rica Targets Wildlife Trafficking With New Tourist Campaign

Costa Rica has started a new campaign warning travelers not to remove wildlife, plants or other natural specimens after officials confiscated 4,366 animal and...

Costa Rica University Students Protest Proposed Funding Freeze

Students from Costa Rica’s public universities marched through San José yesterday protesting a government proposal that would keep university funding essentially flat in 2027...

Costa Rica Opens Legal Status Path for Thousands of Foreigners

Nearly 100 foreigners applied on the first day of a new Costa Rican immigration program designed to give legal status and work rights to...

Costa Rica’s Whale and Dolphin Festival Returns This Weekend

If you have been waiting for the right weekend to see humpback whales in Costa Rica, this is it. The 16th Whale and Dolphin...
🌴 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