I read this as well but I think we need to carefully parse what is being said before forming any conclusions. While there is ample literature on what the Federal Reserve (US Central Bank) does, I could find very little information on what the Central Bank of Belize is supposed to do. It would be useful to find any examples of the Central Bank of Belize rescuing a Belize bank on the verge of bankruptcy or in financial trouble to determine whether their response to Caporaso is unusual. We already know Belize isn't a first world country and their banking sector is probably like the Wild West compared to first world countries. That being said, while your money is probably a lot less safe, we also shouldn't assume the worse just because they didn't provide a response like a central bank should.
Here is an article from 2016 highlighting the how banks in Belize, including the Central Bank of Belize, are having trouble keeping their CBRs (Correspondent Banking Relationships). CBRs are directly related to a bank's liquidity. For example, Choice Bank does not have the ability to move money from their accounts all over the world without relying on another major bank, likely from the US to act as an intermediary. If major banks in the US have decided to cut their ties with banks in Belize, the banks in Belize will have a hard time moving money around until they can find replacement CBRs. Since this article is from 2016 and the Belize banking sector hasn't collapsed, I'm guessing they have found workarounds. However, I'm certain they are still entirely vulnerable to such things. Of course I have no idea if Choice Bank is facing a similar scenario.
http://amandala.com.bz/news/banks-sever-ties-central-bank-belize-governor-confirms/
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