US investors are defrauded in Costa Rica
AP News Agency
26 November, 2002 15:32:00 (Local Time)
San José. Several US investors residing in Costa Rica filed a series of criminal complaints on Monday before the Public Ministry for alledged fraud by the firm Cederant Limit.
It seems the company, managed by a US-Cuban of whom no information was given, had a prospect of over 15.000 accounts.
The Prosecutor's Office acknowledged Tuesday that the case came in to the entity but a spokesman who did not identify himself said that no prosecutor has been assigned to the case yet.
Clients received monthly interest of 4% over the
principal and according to some who talked to the
national press, they did not receive their monies last Thursday, and they admitted to not knowning anything about the suspect.
Also, last week the office where ther company
functioned was dismantled.
Data from Immigration published this Tuesday point to the man leaving the country to the United States, through an air flight.
The complaints were filed by various law firms. One represents three clients with funds upwards of $15 million, and the other, Ureña y Asociados, almost $3 million.
AP News Agency
26 November, 2002 15:32:00 (Local Time)
San José. Several US investors residing in Costa Rica filed a series of criminal complaints on Monday before the Public Ministry for alledged fraud by the firm Cederant Limit.
It seems the company, managed by a US-Cuban of whom no information was given, had a prospect of over 15.000 accounts.
The Prosecutor's Office acknowledged Tuesday that the case came in to the entity but a spokesman who did not identify himself said that no prosecutor has been assigned to the case yet.
Clients received monthly interest of 4% over the
principal and according to some who talked to the
national press, they did not receive their monies last Thursday, and they admitted to not knowning anything about the suspect.
Also, last week the office where ther company
functioned was dismantled.
Data from Immigration published this Tuesday point to the man leaving the country to the United States, through an air flight.
The complaints were filed by various law firms. One represents three clients with funds upwards of $15 million, and the other, Ureña y Asociados, almost $3 million.
