On Monday, Costa Rican prosecutors announced they are launching an investigation of real estate group Homes Grupo Inmobilario for various developments in the Central Valley.
OIJ spokeswoman Xinia Zamora said that the raid aimed to discover if the law firm was aware of the illicit source of money used to buy properties in Costa Rica by a Dutch businessman.
"Advisers at these Citigroup affiliates were supposed to be looking out for investors' best interests, but falsely assured them they were making safe investments even when the funds were on the brink of disaster," said Andrew Ceresney, director for the SEC's enforcement division.
Grammy and Oscar-winning musician Jon Batiste will perform in Costa Rica for the first time this September, bringing a one-night orchestral concert to Parque...
A government-backed bill moving through Costa Rica’s Legislative Assembly could make some small consumer loans more expensive by shifting them into a category that...
