Costa Rica raids soccer stadiums in case involving assets allegedly used by laundering

Costa Rican investigators have searched two soccer stadiums linked to a businessman charged in the United States with defrauding clients of his life-settlement company.

Authorities are investigating whether Minor Vargas laundered fraudulently obtained funds through his Costa Rican assets.

Costa Rican authorities Friday searched two stadiums where soccer teams owned by Vargas train. They also searched his residence and offices.

Original source: Associated Press