Featured Costa Rica

Costa Rica’s building, real estate, casino industries vulnerable to money laundering

The U.S. State Department’s annual International Narcotics Control Strategy Report came out this month. In the Money Laundering and Financial Crimes section, the report’s second volume, Costa Rica is noted as being a favorable base for, “transnational criminal organizations to commit financial crimes due to its location… Read More

Costa Rica Approves Reforms Against Terrorism and Laundering

Under the banner of fighting drug trafficking, but more important the country not falling on the “black list”, Costa Rica’s legislator have approved in first debate reforms  against terrorism and money laundering. With a vote of 39 (of 55) in favour, the reforms criminalize terrorism financing,… Read More

New Costa Rica’s Li, charged in FIFA corruption, gets house arrest

NEW YORK: A New York judge agreed to a house arrest arrangement Wednesday for Eduardo Li, former president of the Costa Rican Football Federation charged in the FIFA corruption case, in exchange for a $5 million deposit. Read More