Brazil prosecutors target gangs with mega-operation against fraud and money laundering
Brazilian prosecutors have initiated a significant operation aimed at dismantling fraud, money laundering, and tax evasion linked to criminal gangs. This action follows a previous investigation that uncovered a vast criminal network within the fuel industry. Authorities emphasize that targeting the financial operations of these gangs is crucial for reducing their influence in Brazil.
- ▪Brazilian prosecutors launched a mega-operation to combat fraud and money laundering.
- ▪The operation is part of an ongoing investigation into criminal gangs, including PCC and CV.
- ▪Authorities discovered six fintech companies acting as criminal banks that processed 26 billion reais between 2022 and 2025.
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ABC NewsLiveVideoShowsGood Morning AmericaShopGMAInterest Successfully AddedWe'll notify you here with news aboutTurn on desktop notifications for breaking stories about interest? OffOnStream onBrazil prosecutors target gangs with mega-operation against fraud and money launderingBrazilian prosecutors have launched a mega-operation to dismantle fraud, money laundering and tax evasion, in the latest phase of an investigation targeting criminal gangsByELÉONORE HUGHES Associated PressMay 28, 2026, 4:31 PM1:26RIO DE JANEIRO -- Brazilian prosecutors on Thursday launched a mega-operation to dismantle fraud, money laundering and tax evasion, in the latest phase of an investigation targeting criminal gangs.The move comes as the Trump administration has designated a number of gangs in Latin America…
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