Suspicious Financial Transactions in Costa Rica in 2012

Regulators in Costa Rica received 302 reports of suspicious financial transactions in 2012, according to the Money Laundering Unit of the¬†Judicial¬†Investigation Organization. As of April 2013, the unit was in the process of actively investigating 16 major cases of money laundering involving casinos, sportsbooks and small-scale businesses such as carwashes. (Illegal gambling statistics.) Authorities believe… Continue reading Suspicious Financial Transactions in Costa Rica in 2012

Drugs Seized in Costa Rica Between 2010 to 2013

From 2010 to February 2013, security officials in Costa Rica seized 22 tons of cocaine and 377,000 doses of crack cocaine. Officials also destroyed almost 4 million marijuana plants within the country, and seized $10.5 Million in cash from drug trafficking organizations. (More intelligence about illicit cash transactions. ) Source:¬† Mario Garita, “Communities, police fight… Continue reading Drugs Seized in Costa Rica Between 2010 to 2013

Seizures in Costa Rica Between 2006 to 2009

Costa Rica’s Interior Ministry reported that nearly 93 tons of cocaine was seized in the country between 2006 and 2009, nearly twice the amount that was seized in the country in the previous decade. The increase in cocaine trafficking is believed to be caused from Mexican drug cartels increasingly picking up cocaine shipped from South America in Costa Rica.