Costa Rica News – Four ex-employees of Yanber are imprisoned for possible fraud of ¢13,723 million from banks. The ex-owner is also associated with the alleged crime but will not be questioned until March due to a heart problem.
The former general manager was arrested at his home. Three other employees, the ex-financial director and ex-financial agents, suspected of participating in a possible bank scam were also arrested.
The five people are linked to four crimes of fraud, according to the Attorney General of the Republic. Six months of preventive prison will be requested.
The company Yanber is dedicated to the manufacture of plastic. The legal action against the company began in 2016, when the National Bank of Costa Rica filed a complaint for alleged fraud.
It is suspected that the company provided various lenders false documents to obtain credit. It presented documents to appear financially sound while in fact it was bankrupt. The use of double accounting, phantom billing and other anomalies were also present.
