The entity that supervises credit unions conducts an “exhaustive investigation” related to transactions involving the president of the board of directors of Cooperativa de Ahorro y Crédito de Arecibo
The entity that supervises credit unions conducts an “exhaustive investigation” related to transactions involving the president of the board of directors of Cooperativa de Ahorro y Crédito de Arecibo
September 11, 2024 - 1:45 PM
The Puerto Rico Cooperative Insurance and Supervision Corporation (Cossec) confirmed that it is investigating the case involving the president of the board of directors of Cooperativa de Ahorro y Crédito de Arecibo (CooPACA), Luis A. Galarza Pérez, who allegedly obtained personal tax benefits from some properties repossessed by said cooperative.
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