Two men sentenced to 10 years for money laundering

January 15th, 2014 (InsideCostaRica.com) Two men will spend the next ten years behind bars after being convicted on charges of money laundering.

 

The men, both Costa Rican, are identified by the last names Ruiz Ruiz and Sanchez Perez.

 

Their conviction stems from their arrest in November, when they were caught with $58,000 in cash hidden in a Toyota Prado in La Uruca.

 

The cash was found hidden in various compartments in the vehicle in $20 denominations.  Authorities found traces of drugs on the bills.

 

Both the cash and the vehicle in which the pair were traveling have been forfeited to the State.

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  • CRChris

    There has to be much more to this story. Just because someone is in possession of what some consider to be a large sum of cash does not mean they are laundering money. If you try to put cash in the bank they treat you like a criminal so if you keep the cash then you will be accused of money laundering. Most everyone wants to be paid in cash. No one will accept a check and not everyone has the ability to process a credit card. Credomatic is the only processor in the country and they make it very difficult to get a merchant account for processing. So…I guess a person should just leave the house with just enough cash for that trips transactions and hope that the rest of your money is there when you get back and not stolen by your neighbors, maid, gardener, guard, etc.