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.
Arnoldo Alpízar, a communications official with the Red Cross, confirmed to TV's Channel 7 that the Italian man died at approximately 7:30 a.m. at his home in Escazú, southwest of San José, where the Red Cross arrived following an emergency call.
During 11 simultaneous raids on Wednesday at locations in San José and Cartago, Judicial Investigation Police arrested three people allegedly linked to a $2 million property fraud scheme.