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.
A coalition of Costa Rican environmental organizations has placed Corcovado National Park under what it calls a red alert, warning that sewage discharges, decaying...
Professional surfing returns to Costa Rica’s international stage today as the Garabito Surf City PRO 2026 gets underway at Playa Hermosa, bringing an official...
A decree in force since August 10 seals Costa Rican security records including procurement files, as a governing-party lawmaker's unexplained "Operation Pegasus" remark sharpens the dispute.
