More

    Spanish WiFi Company Busted for Laundering Money Through Costa Rican Accounts

    Must Read

    Workers can be fired for disrespecting COVID-19 sanitary measures

    Since the beginning of the pandemic, many employees have had doubts about...

    More than 400 Ticas donated their hair to a foundation that fights Breast Cancer

    A few months ago, the National Solidarity Foundation against Breast Cancer (FUNDESO)...

    How Can Costa Rican Companies Operating in Australia Find the Top Criminal Record Check Services?

    In July 2016, a man in New Zealand was found to have...
    TCRN STAFFhttps://www.TheCostaRicaNews.com
    Creating a Conscious alternative news network that we feel the world needs. Pura Vida!

    The Costa Rica News (TCRN) – The tax agency of Spain is investigating a company dedicated to providing internet services due to an apparent diversion of funds to ‘hidden accounts’ in Costa Rica.

    According to a publication from the newspaper El País, the investigation of the Spanish company Let’s Gowex began in February last year, with information concerning the years 2008, 2009 and 2010. According to the tax report, the accounts belong to Florence Maté, who is wife of the president of the company, Genaro Garcia.

    “The first deposits date from June 2010, and in three cases it has been found that funds coming from capital increases by private investors have been masked as commercial operations.  Gowex also kept safes that have been used to deposit the cash until it was moved to Costa Rica for the benefit of the initial shareholders,” notes the publication.

    The investigation took nine months to determine the existence of bank accounts in Costa Rica, because they were hidden in the balance sheet. Once this bank account was found, alleged false documents, such as invoices, affiliates, customers, and reviews related to the activity of the company were also uncovered.

    “We have been able to verify significant falsehoods for different purchases and sales that occurred over the years,” they said.

    The wife of the company’s president is from Costa Rica and traveled back to the country once the news broke about the investigation against the company.

    The auditor of the company, Santiago Pedraz, was sent to prison yesterday and charged with a falsifying financial documents and financial guarantees. The official has not made his 200,000 euro bail yet.

    The Costa Rica News (TCRN)

    San Jose, Costa Rica

    - Advertisement -
    - Advertisement -

    Latest News

    Workers can be fired for disrespecting COVID-19 sanitary measures

    Since the beginning of the pandemic, many employees have had doubts about...

    More than 400 Ticas donated their hair to a foundation that fights Breast Cancer

    A few months ago, the National Solidarity Foundation against Breast Cancer (FUNDESO) took advantage of the confinement...

    How Can Costa Rican Companies Operating in Australia Find the Top Criminal Record Check Services?

    In July 2016, a man in New Zealand was found to have funneled hundreds of thousands of...

    Costa Rica Proposes Prioritizing Human Rights in Celebration of its Bicentennial

    Costa Rica proposed today in a virtual meeting of the Central American Integration System (SICA) to prioritize respect and promotion of the human rights

    Costa Rica Ranks 88th in the Global Attraction Index

    Costa Rica was ranked 88th in the Global Attraction Index or Global Attractiveness Index (GAI), which measures and compares potential, in terms of investment and productive development of 144 nations
    - Advertisement -

    More Articles Like This

    - Advertisement -
    Language »