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

Jacó Beach Is Changing as New Residents and Major Brands Move In

For decades, Jacó’s economy has revolved around the beach. Surfing, hotels, restaurants, nightlife and weekend visitors from San José helped turn the Central Pacific...

Costa Rica’s Juan Santamaría Airport Keeps Highest Passenger Experience Accreditation

Costa Rica’s Juan Santamaría International Airport has renewed the highest level of an international passenger experience accreditation, placing the country’s main airport among just...

Costa Rica Population Could Begin Shrinking Earlier Than Expected

Costa Rica's population could begin shrinking earlier than previously expected as the number of children being born continues to fall faster than population experts...

Costa Rica Data Center Proposal Draws Water Concerns

Residents protested a possible data center in Bagaces on Saturday, raising concerns about water use and demanding more information, while the mayor said no...

Costa Rica Restores Visitor Capacity at Corcovado’s Sirena Station

Costa Rica has restored visitor capacity at Corcovado National Park’s Sirena Station to 366 people per day after months of restrictions connected to wastewater treatment problems.

Costa Rica Court Freezes Quaker Oats Trademarks

A San José civil court ordered an embargo on Quaker Oats trademarks registered in Costa Rica to secure compensation for local distributor Conaven, formerly Constenla.

Pura Vida: Past the Point of No Return

Growing up on the Lower East Side of New York certainly didn’t prepare me for the culture shock of moving to a sleepy little...

Costa Rican TikTok Star Julián Valverde Reported in ICE Custody

Costa Rican content creator Julián Valverde, known online as Julián Valjota, is in the custody of US Immigration and Customs Enforcement. A source close...

Video of Costa Rica’s 119-Year-Old Man Making a Bid to Be Oldest Ever

José Flores Flores, the Guanacaste farmer who turned 119 in July, is now at the center of a formal effort to have him recognized...
🌴 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