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Two US residents arrested on arrest warrants issued by Costa Rica

Two United States residents are in custody pending their extradition to Costa Rica, where they have been accused of perpetrating a multi-million dollar investment fraud.
Gerard Joseph Latulippe, 65, a resident of Hampton, New Hampshire, and Elwyn Ralph Jacobs, 82, a resident of Okeechobee, Florida, were arrested on June 3, 2008, and June 10, 2008, respectively.