The sentence was handed down on Monday.
Parini was found guilty of seven counts of property fraud. Using falsified documents and other means, Parini fraudulently transferred ownership of properties in San Jose, Alajuela, Cartago and Guanacaste to several accomplices.
Parini’s accomplices, who have also been charged in the case, would later take out mortgages against the properties that were never repaid.
In at least two cases, the victims were foreigners.