The Costa Rican Banking Association said that 95 percent of banks in the country have already started to swap out the 7 million credit and debit cards currently circulating in the country with more secure chip cards.
Paul Ronald Toth Jr., 40, of Wintersville, Ohio, was convicted of one count of conspiracy to commit money laundering and six counts of international money-laundering concealment as part of a sweepstakes scam that targeted elderly U.S. residents from Costa Rican call centers.
Call centers are one of the fastest growing sectors of the Costa Rican economy, but this boom industry has a dark side. Costa Rica was home to a massive telemarketing scam that defrauded thousands of U.S. citizens — most over the age of 55 — of upwards of $20 million. Prosecutors in the Western District of North Carolina have convicted 46 defendants from the United States related to the sweepstakes fraud to date.
The Costa Rican Banking Association (ABC) this week launched a security operation coordinated with Judicial Investigation Police agents and National Police officers, with the goal of reducing theft and fraud that usually spike beginning on Black Friday weekend. The start of Costa Rica's Christmas bonus payments, or aguinaldos, also brings an increase in crime each year.
A dual citizen of the United States and Costa Rica pleaded guilty Monday to a $1.88 million sweepstakes fraud scheme that targeted elderly U.S. residents, according a statement from the U.S. Justice Department.
It doesn't matter how many times you have been to Costa Rica, how long you have lived here or how good your Spanish is; chances are you've been overcharged by a taxi more than once. But now, Taxiando, a new phone app, let's you have your own personal taxi meter on your phone.
Judicial Investigation Police (OIJ) raided three homes and an office in Escazú Tuesday morning as part of an investigation into a million-dollar fraud and money laundering scheme that targeted people living in the United States.
The Costa Rican Electricity Institute (ICE) alerted its customers this week about fraudulent text messages sent to Kolbi cellphones that automatically added charges to the accounts of those who responded.