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COSTA RICA'S LEADING ENGLISH LANGUAGE NEWSPAPER

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Savings Unlimited

Costa Rica court hands Luis Milanés, aka ‘The Cuban,’ 15-year prison sentence

More than 13 years after the sudden shuttering of "investment" company Savings Unlimited, which left hundreds of clients in the dark, a Costa Rica court has convicted owner Luis Milanés, known as "The Cuban," to 15 years in prison on charges of aggregated fraud.

Costa Rica court suspends fraud trial against Luis ‘The Cuban’ Milanés, citing defendant’s weak heart

"The Cuban" currently is on trial for allegedly defrauding some 500 people of millions of dollars over a decade ago.

Milanés to Face Music

International fugitive Luis Milanés, a Cuban-American who disappeared from Costa Rica in 2002 with an estimated $200 million in investors’ money, was arrested last...

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