Police investigating money laundering and drug trafficking have raided the offices of a Costa Rica-based money exchange operated by Luis Enrique Villalobos.The action has led to financial uncertainty for hundreds of foreigners who have collectively invested millions of dollars in a long-running high yield investment scheme operated by Villalobos and his brother, Oswaldo, who are known locally as ‘The Brothers’.
Articles Canada Colombia Costa Rica Fraud Investment Money Laundering Narcotics Trafficking Panama St. Lucia St. Vincent & the Grenadines Trinidad & Tobago Turks & Caicos IslandsJuly 6, 2002
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Canada Colombia Costa Rica Fraud InvestmentKeywords
John MacLaughlan Julien Loiselle Luc St. Onge Luis Enrique Villalobos Michael Witt