Costa Rica’s ‘Caso Fénix:’ The Good, The Bad and the Ugly About Money Laundering

Costa Rica’s ‘Caso Fénix:’ The Good, The Bad and the Ugly About Money Laundering

Costa Rica’s ‘Caso Fénix:’ The Good, The Bad and the Ugly About Money Laundering A recent multi-million-dollar money laundering investigation in Costa Rica illustrates how the government is attacking the country’s growing drug-related violence by going after the profits. Prosecutors leading the so-called “Fénix” case indicted 25 individuals on February 28 on charges of laundering drug trafficking profits of around $17 million. Authorities seized…