Four detained in fraud case that involved $50 million

Judicial agents detained four persons Thursday in a $50 million case of property fraud.

All four of those detained are either active or inactive lawyers, said agents.

The case involves what is called fraudulent administration. The victim is an elderly German woman who appears to have lost ownership of her properties in southern Costa Rica due to inappropriate paperwork.

The individuals have not yet been identified formally. But agents detained a 61-year-old woman and a 65-year-old man in Alajuelita. Also detained was a 37-year-old woman in Cartago and a 60-year-old man in Coronado.

The crimes alleged happened from 2010 to 2012, said the Judicial Investigating Organization.

The two persons detained in Alajuelita are also notaries but are not active now. The pair were in charge of administering the woman’s property in Punta Uva and Bahía Ballena, agents said. They also had access to $5 million in cash.

The individuals detained in Cartago and Coronado are active notaries, and agents said that they assisted in the creation of 19 corporations that play a role in the caper. The agency said that the suspects are accused of tricking the woman into signing papers so that she lost the properties.

Agents also reported that when they searched the offices of the suspects they found two unregistered pistols.

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