No menu items!

COSTA RICA'S LEADING ENGLISH LANGUAGE NEWSPAPER

HomeTopicsCrime3 Quepos bank employees arrested on money laundering charges

3 Quepos bank employees arrested on money laundering charges

Agents from Costa Rica’s Judicial Investigation Police on Thursday morning arrested three employees of the BAC San José branch in Quepos, a port town next to the popular central Pacific tourist destination of Manuel Antonio, on suspicion of money laundering. A fourth suspect, believed to be the ringleader of the operation, is still at large, according to law enforcement sources.

The suspects, surnamed Rivera Quiros, Centeno Pérez and Pereza Jiménez, are accused of exchanging up to $160,000 in small, daily increments into colones and either delivering the cash to the fourth suspect, or depositing it into a bank account under another name. Sources say the group allegedly exchanged between $4,000 and $6,000 a day in order to avoid being flagged by banking laws for amounts over $10,000. According to investigators, the bank employees – including a boss at the BAC San José branch – allegedly received commissions on each transaction. 

The investigation is ongoing.

 

Popular Articles

Trump Hosts Bukele to Reveal El Salvador Migrant Deportation Plan

Donald Trump hosts his closest ally in Latin America, Salvadoran President Nayib Bukele, at the White House today. Bukele has been a key figure...

Costa Rica’s Poás Volcano Shows Slight Decrease in Activity

Poás Volcano shows signs of a slight decrease in its eruptive activity after three weeks of frequent eruptions and ash and gas emissions, according...

Costa Rica’s First Underwater Camera Trap Reveals Hidden Wildlife

I started reading The Tico Times in Pittsburgh, Pennsylvania, more than a decade ago when my wife and I first started brewing the crazy...
spot_img
Costa Rica Tours
Costa Rica Coffee Maker Chorreador
Costa Rica Coffee Maker Chorreador
Costa Rica Travel Insurance
Costa Rica Rocking Chait

Latest Articles