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.
Golfo Dulce is the only place on Earth where humpback whales from both hemispheres give birth. A new Costa Rican documentary spent three years filming it.
Costa Rican prosecutors are investigating a man suspected of collecting about $800,000 from the pension of a North American woman who died more than...
President Laura Fernández has presented eight new bills that could change how Costa Rica handles pensions, loans, government contracts, internet funding and several other...
