Former Villalobos associate gunned down in Heredia

Bobby Cox, a man closely connected with fugitive fraudster Enrique Villalobos, died late Monday in an apparent assassination.

Cox, who was known as Bobby Gold to hundreds of expats, suffered four bullets to the head, according to the Judicial Investigating Organization.

Neighbors in the vicinity of the killing notified authorities about 11 p.m., and police found Cox in his Chevrolet Avalanche near an electrical substation in San Miguel de Santo Domingo de Heredia. Informal sources attributed the murder to an assassin or assassins on a motorcycle.

Cox, 51 when he died, had been in a business relationship with Luis Enrique Villalobos, who operated a high interest money borrowing operation
known as The Brothers until late 2002 when he fled. Cox, himself, was said to have tried to pick up where Villalobos and his brother left off and started his own money-borrowing operation that offered 3 percent interest per month. But the business was unsuccessful and some expats complained of losing their money there, too.

When Enrique Villalobos fled, Cox continued to try to rally the investors and held meetings at his home. He told investors that he was in close contact with Villalobos, but that never was established conclusively.

He was believed to be one of the Villalobos supporters who convinced many investors to refrain from filing criminal charges with the expectation that the fugitive would return to pay them off.

Cox also was believed to be involved in other international business dealings

This entry was posted in Costa Rica News. Bookmark the permalink.