IBOV 173,714.08 ▼ 0.06% IPSA 10,886.14 ▼ 0.56% IPC MEX 66,615.43 ▲ 0.39% MERVAL 3,199,934 ▲ 0.46% COLCAP 2,298.34 ▲ 0.58% BVL PERÚ 57,220.16 — — USD/BRL5.11▲ 0.02% USD/MXN17.50▼ 0.23% USD/CLP931.20▲ 0.67% USD/COP3,255▼ 0.09% USD/PEN3.39▼ 0.04% USD/ARS1,478▼ 0.03% USD/UYU 40.23 — 0.00% USD/PYG 6,032 — 0.00% USD/BOB10.65— 0.00% USD/DOP58.33▲ 0.15% USD/CRC 446.12 — 0.00% USD/GTQ7.62— 0.00% USD/HNL 26.73 — 0.00% USD/NIO 36.62 — 0.00% USD/VES735.09▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.59— 0.00% USD/TTD6.74— 0.00% EUR/BRL5.84— 0.00% BRENT 88.31 ▲ 0.24% WTI 81.51 ▼ 1.19% IRON ORE 161.91 — — COPPER 6.31 ▲ 1.51% GOLD 4,022 ▲ 0.24% SILVER 57.06 ▲ 1.81% SOY 1,217 ▲ 1.04% CORN 473.75 ▲ 6.52% WHEAT 685.00 ▲ 0.33% COFFEE 300.75 ▼ 8.43% SUGAR 14.79 ▼ 0.27% ORANGE JUICE 139.35 ▲ 4.15% COTTON 79.32 ▲ 2.92% COCOA 5,603 ▲ 1.27% BEEF 220.70 ▼ 2.81% CATTLE 339.35 ▼ 2.09% LITHIUM 68.38 ▼ 0.70% PETR4 40.90 ▲ 2.53% VALE3 72.94 ▼ 0.05% ITUB4 41.96 ▼ 1.39% BBDC4 18.29 ▼ 0.65% ABEV3 15.63 ▲ 0.19% BBAS3 20.49 ▼ 1.30% B3SA3 15.20 ▼ 1.23% WEGE3 43.63 ▲ 0.32% PRIO3 57.85 ▲ 1.87% SUZB3 41.93 ▲ 0.55% RENT3 38.23 ▼ 1.62% AZZA3 18.59 ▲ 0.32% CSAN3 3.84 ▼ 1.03% RAIZ4 0.29 — 0.00% PCAR3 2.60 ▲ 0.39% GMAT3 3.88 ▼ 1.02% PSSA3 55.14 ▼ 0.14% CVCB3 1.22 ▼ 9.63% POSI3 3.80 ▼ 2.06% SLCE3 13.53 ▼ 0.59% NATU3 8.55 ▼ 0.12% BRKM5 6.19 ▲ 1.48% RANI3 7.95 ▼ 1.61% CSNA3 5.05 ▼ 0.98% CMIN3 5.33 ▼ 2.20% USIM5 8.23 ▲ 4.18% GGBR4 24.04 ▲ 0.54% ENEV3 25.68 ▼ 1.04% CPFE3 46.87 ▼ 0.68% CMIG4 11.12 ▲ 0.27% EQTL3 39.50 ▼ 0.88% LREN3 13.42 ▼ 1.69% VIVT3 35.52 ▲ 0.14% RAIL3 13.70 ▼ 1.65% KLABIN 17.58 ▲ 1.27% RAIA DROGASIL 18.55 ▲ 0.16% RDOR3 35.78 ▼ 0.25% HAPV3 11.38 ▲ 3.93% FLRY3 16.59 ▲ 1.04% SMTO3 15.45 ▼ 1.72% UGPA3 32.07 ▲ 0.25% VBBR3 34.92 ▲ 1.60% BBSE3 41.12 ▼ 0.15% BPAC11 56.18 ▼ 0.72% CURY3 30.67 ▼ 1.98% AERI3 2.02 — 0.00% VIVARA 22.44 ▼ 3.90% COMPASS 24.88 ▼ 0.12% VAMOS 3.17 ▲ 0.32% SANB11 26.65 ▼ 0.67% ASAI3 8.50 ▼ 0.70% SBSP3 29.22 ▼ 0.27% WALMEX 49.52 ▼ 0.08% GMEXICO 200.05 ▲ 0.41% FEMSA 225.68 ▲ 0.28% CEMEX 22.69 ▼ 0.40% GFNORTE 181.34 ▲ 0.53% BIMBO 58.00 ▲ 0.14% TELEVISA 9.57 ▲ 0.63% AMX 23.00 ▲ 0.97% GAP 386.00 ▼ 1.47% ASUR 279.71 ▼ 0.44% OMA 230.06 ▼ 1.30% KOF 181.10 ▲ 1.20% GRUMA 287.32 ▲ 0.34% KIMBER 38.67 ▼ 0.28% SQM-B 65,450 ▼ 0.91% COPEC 6,250 ▲ 2.02% BSANTANDER 77.00 ▼ 1.48% FALABELLA 5,835 ▼ 0.31% ENELAM 84.04 ▼ 0.90% CENCOSUD 1,995 ▼ 0.50% CMPC 1,070 ▼ 0.37% BANCO CHILE 188.50 ▼ 0.20% LATAM AIR 24.76 ▼ 2.52% YPF 77,900 ▲ 2.40% GGAL 7,860 ▼ 0.06% PAMPA 5,170 ▲ 1.17% TXAR 665.00 ▲ 0.45% ALUAR 949.50 ▲ 1.01% TGS 9,370 ▼ 0.16% CEPU 2,264 ▲ 0.18% MIRGOR 16,875 ▲ 0.75% COME 43.84 ▼ 1.39% LOMA NEGRA 3,535 ▼ 0.63% BYMA 299.00 ▼ 0.83% TELECOM ARG 4,150 ▼ 0.72% ECOPETROL 16.09 ▲ 1.84% BANCOLOMBIA 80.41 ▲ 1.18% GRUPO AVAL 4.92 ▼ 1.01% CREDICORP 390.70 ▲ 0.84% SOUTHERN COPPER 172.48 ▼ 1.81% BUENAVENTURA 30.24 ▲ 0.23% MERCADOLIBRE 1,814 ▼ 2.34% NUBANK 13.59 ▼ 1.45% XP 16.67 ▼ 0.06% PAGSEGURO 9.04 ▼ 1.20% STONE 11.15 ▼ 0.45% GLOBANT 32.23 ▲ 0.09% TECNOGLASS 46.48 ▼ 0.75% GAP AIRPORT 220.91 ▼ 1.94% ASUR 279.71 ▼ 0.44% OMA AIRPORT 105.31 ▼ 1.77% AMX ADR 26.27 ▲ 0.50% FEMSA ADR 129.02 ▼ 0.36% CEMEX ADR 12.98 ▼ 0.92% PETROBRAS ADR 17.97 ▲ 2.86% VALE ADR 14.19 ▼ 0.21% ITAU ADR 8.21 ▼ 1.14% SANTANDER BR 5.24 ▼ 1.04% AMBEV ADR 3.03 ▼ 0.66% CSN 0.99 ▼ 0.89% GERDAU 4.73 ▲ 0.11% LATAM ADR 52.56 ▼ 1.17% BTC 64,037 ▼ 1.01% ETH 1,859 ▼ 0.68% SOL 76.18 ▼ 0.23% XRP 1.09 ▼ 0.76% BNB 565.47 ▼ 0.87% ADA 0.16 ▼ 2.22% DOGE 0.07 ▼ 0.61% AVAX 6.51 ▲ 0.84% LINK 8.33 ▼ 0.51% DOT 0.80 ▼ 1.74% LTC 46.61 ▼ 0.92% BCH 212.04 ▼ 1.32% TRX 0.33 ▼ 0.46% XLM 0.19 ▼ 0.72% HBAR 0.07 ▼ 1.20% NEAR 1.93 ▲ 0.71% ATOM 1.46 ▼ 0.81% AAVE 90.08 ▲ 0.84% SELIC 14.25% EMBRAER 81.75 ▼ 0.02% EMBRAER ADR 64.09 ▼ 0.44% JBS 11.91 ▼ 1.00% JBS BDR 60.20 ▼ 2.11% MBRF3 15.03 ▼ 1.70% MBRFY 2.90 ▼ 1.02% INTER 5.37 ▼ 3.07% EGX 53,098 ▲ 1.02% USD/ZAR16.48▼ 0.42% USD/NGN 1,378 — 0.00% NIKKEI 64,141 ▼ 4.03% CSI300 4,598 ▲ 1.53% HSI 25,143 ▲ 2.36% NIFTY 24,255 ▼ 0.33% KOSPI 6,516 ▼ 4.46% JCI 6,229 ▲ 0.87% USD/JPY162.39▼ 0.02% USD/CNY6.77▼ 0.16% DAX 24,884 ▲ 0.21% CAC 8,358 ▲ 0.22% FTSE 10,560 ▼ 0.38% MIB 51,907 ▲ 0.05% IBEX 19,247 ▲ 0.16% STOXX 641.61 ▲ 0.01% EUR/USD1.14▲ 0.09% GBP/USD1.35▲ 0.10% SPX 7,458 ▼ 1.01% DJI 52,146 ▼ 0.77% NDX 28,593 ▼ 1.49% RUT 2,962 ▼ 0.42% TSX 35,264 ▼ 0.22% VIX 18.57 ▼ 1.07% USD/CAD1.40▲ 0.08% US10Y 4.5410 ▼ 0.61% IBOV 173,714.08 ▼ 0.06% IPSA 10,886.14 ▼ 0.56% IPC MEX 66,615.43 ▲ 0.39% MERVAL 3,199,934 ▲ 0.46% COLCAP 2,298.34 ▲ 0.58% BVL PERÚ 57,220.16 — — USD/BRL 5.11 ▲ 0.02% USD/MXN 17.50 ▼ 0.23% USD/CLP 931.20 ▲ 0.67% USD/COP 3,255 ▼ 0.09% USD/PEN 3.39 ▼ 0.04% USD/ARS 1,478 ▼ 0.03% USD/UYU 40.23 — 0.00% USD/PYG 6,032 — 0.00% USD/BOB 10.65 ▲ 0.95% USD/DOP 58.33 ▲ 0.15% USD/CRC 446.12 — 0.00% USD/GTQ 7.62 ▲ 2.27% USD/HNL 26.73 — 0.00% USD/NIO 36.62 — 0.00% USD/VES 735.09 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.59 ▲ 0.36% USD/TTD 6.74 ▲ 1.17% EUR/BRL 5.84 ▲ 0.00% BRENT 88.31 ▲ 0.24% WTI 81.51 ▼ 1.19% IRON ORE 161.91 — — COPPER 6.31 ▲ 1.51% GOLD 4,022 ▲ 0.24% SILVER 57.06 ▲ 1.81% SOY 1,217 ▲ 1.04% CORN 473.75 ▲ 6.52% WHEAT 685.00 ▲ 0.33% COFFEE 300.75 ▼ 8.43% SUGAR 14.79 ▼ 0.27% ORANGE JUICE 139.35 ▲ 4.15% COTTON 79.32 ▲ 2.92% COCOA 5,603 ▲ 1.27% BEEF 220.70 ▼ 2.81% CATTLE 339.35 ▼ 2.09% LITHIUM 68.38 ▼ 0.70% PETR4 40.90 ▲ 2.53% VALE3 72.94 ▼ 0.05% ITUB4 41.96 ▼ 1.39% BBDC4 18.29 ▼ 0.65% ABEV3 15.63 ▲ 0.19% BBAS3 20.49 ▼ 1.30% B3SA3 15.20 ▼ 1.23% WEGE3 43.63 ▲ 0.32% PRIO3 57.85 ▲ 1.87% SUZB3 41.93 ▲ 0.55% RENT3 38.23 ▼ 1.62% AZZA3 18.59 ▲ 0.32% CSAN3 3.84 ▼ 1.03% RAIZ4 0.29 — 0.00% PCAR3 2.60 ▲ 0.39% GMAT3 3.88 ▼ 1.02% PSSA3 55.14 ▼ 0.14% CVCB3 1.22 ▼ 9.63% POSI3 3.80 ▼ 2.06% SLCE3 13.53 ▼ 0.59% NATU3 8.55 ▼ 0.12% BRKM5 6.19 ▲ 1.48% RANI3 7.95 ▼ 1.61% CSNA3 5.05 ▼ 0.98% CMIN3 5.33 ▼ 2.20% USIM5 8.23 ▲ 4.18% GGBR4 24.04 ▲ 0.54% ENEV3 25.68 ▼ 1.04% CPFE3 46.87 ▼ 0.68% CMIG4 11.12 ▲ 0.27% EQTL3 39.50 ▼ 0.88% LREN3 13.42 ▼ 1.69% VIVT3 35.52 ▲ 0.14% RAIL3 13.70 ▼ 1.65% KLABIN 17.58 ▲ 1.27% RAIA DROGASIL 18.55 ▲ 0.16% RDOR3 35.78 ▼ 0.25% HAPV3 11.38 ▲ 3.93% FLRY3 16.59 ▲ 1.04% SMTO3 15.45 ▼ 1.72% UGPA3 32.07 ▲ 0.25% VBBR3 34.92 ▲ 1.60% BBSE3 41.12 ▼ 0.15% BPAC11 56.18 ▼ 0.72% CURY3 30.67 ▼ 1.98% AERI3 2.02 — 0.00% VIVARA 22.44 ▼ 3.90% COMPASS 24.88 ▼ 0.12% VAMOS 3.17 ▲ 0.32% SANB11 26.65 ▼ 0.67% ASAI3 8.50 ▼ 0.70% SBSP3 29.22 ▼ 0.27% WALMEX 49.52 ▼ 0.08% GMEXICO 200.05 ▲ 0.41% FEMSA 225.68 ▲ 0.28% CEMEX 22.69 ▼ 0.40% GFNORTE 181.34 ▲ 0.53% BIMBO 58.00 ▲ 0.14% TELEVISA 9.57 ▲ 0.63% AMX 23.00 ▲ 0.97% GAP 386.00 ▼ 1.47% ASUR 279.71 ▼ 0.44% OMA 230.06 ▼ 1.30% KOF 181.10 ▲ 1.20% GRUMA 287.32 ▲ 0.34% KIMBER 38.67 ▼ 0.28% SQM-B 65,450 ▼ 0.91% COPEC 6,250 ▲ 2.02% BSANTANDER 77.00 ▼ 1.48% FALABELLA 5,835 ▼ 0.31% ENELAM 84.04 ▼ 0.90% CENCOSUD 1,995 ▼ 0.50% CMPC 1,070 ▼ 0.37% BANCO CHILE 188.50 ▼ 0.20% LATAM AIR 24.76 ▼ 2.52% YPF 77,900 ▲ 2.40% GGAL 7,860 ▼ 0.06% PAMPA 5,170 ▲ 1.17% TXAR 665.00 ▲ 0.45% ALUAR 949.50 ▲ 1.01% TGS 9,370 ▼ 0.16% CEPU 2,264 ▲ 0.18% MIRGOR 16,875 ▲ 0.75% COME 43.84 ▼ 1.39% LOMA NEGRA 3,535 ▼ 0.63% BYMA 299.00 ▼ 0.83% TELECOM ARG 4,150 ▼ 0.72% ECOPETROL 16.09 ▲ 1.84% BANCOLOMBIA 80.41 ▲ 1.18% GRUPO AVAL 4.92 ▼ 1.01% CREDICORP 390.70 ▲ 0.84% SOUTHERN COPPER 172.48 ▼ 1.81% BUENAVENTURA 30.24 ▲ 0.23% MERCADOLIBRE 1,814 ▼ 2.34% NUBANK 13.59 ▼ 1.45% XP 16.67 ▼ 0.06% PAGSEGURO 9.04 ▼ 1.20% STONE 11.15 ▼ 0.45% GLOBANT 32.23 ▲ 0.09% TECNOGLASS 46.48 ▼ 0.75% GAP AIRPORT 220.91 ▼ 1.94% ASUR 279.71 ▼ 0.44% OMA AIRPORT 105.31 ▼ 1.77% AMX ADR 26.27 ▲ 0.50% FEMSA ADR 129.02 ▼ 0.36% CEMEX ADR 12.98 ▼ 0.92% PETROBRAS ADR 17.97 ▲ 2.86% VALE ADR 14.19 ▼ 0.21% ITAU ADR 8.21 ▼ 1.14% SANTANDER BR 5.24 ▼ 1.04% AMBEV ADR 3.03 ▼ 0.66% CSN 0.99 ▼ 0.89% GERDAU 4.73 ▲ 0.11% LATAM ADR 52.56 ▼ 1.17% BTC 64,037 ▼ 1.01% ETH 1,859 ▼ 0.68% SOL 76.18 ▼ 0.23% XRP 1.09 ▼ 0.76% BNB 565.47 ▼ 0.87% ADA 0.16 ▼ 2.22% DOGE 0.07 ▼ 0.61% AVAX 6.51 ▲ 0.84% LINK 8.33 ▼ 0.51% DOT 0.80 ▼ 1.74% LTC 46.61 ▼ 0.92% BCH 212.04 ▼ 1.32% TRX 0.33 ▼ 0.46% XLM 0.19 ▼ 0.72% HBAR 0.07 ▼ 1.20% NEAR 1.93 ▲ 0.71% ATOM 1.46 ▼ 0.81% AAVE 90.08 ▲ 0.84% SELIC 14.25% EMBRAER 81.75 ▼ 0.02% EMBRAER ADR 64.09 ▼ 0.44% JBS 11.91 ▼ 1.00% JBS BDR 60.20 ▼ 2.11% MBRF3 15.03 ▼ 1.70% MBRFY 2.90 ▼ 1.02% INTER 5.37 ▼ 3.07% EGX 53,098 ▲ 1.02% USD/ZAR 16.47 ▼ 0.34% USD/NGN 1,378 — 0.00% NIKKEI 64,141 ▼ 4.03% CSI300 4,598 ▲ 1.53% HSI 25,143 ▲ 2.36% NIFTY 24,255 ▼ 0.33% KOSPI 6,516 ▼ 4.46% JCI 6,229 ▲ 0.87% USD/JPY 162.37 ▲ 0.01% USD/CNY 6.7660 ▼ 0.03% DAX 24,884 ▲ 0.21% CAC 8,358 ▲ 0.22% FTSE 10,560 ▼ 0.38% MIB 51,907 ▲ 0.05% IBEX 19,247 ▲ 0.16% STOXX 641.61 ▲ 0.01% EUR/USD 1.1443 ▼ 0.03% GBP/USD 1.3470 ▲ 0.13% SPX 7,458 ▼ 1.01% DJI 52,146 ▼ 0.77% NDX 28,593 ▼ 1.49% RUT 2,962 ▼ 0.42% TSX 35,264 ▼ 0.22% VIX 18.57 ▼ 1.07% USD/CAD 1.4023 ▲ 0.04% US10Y 4.5410 ▼ 0.61%
since 2009
Monday, July 20, 2026

Brazil Life & Society

Mafia Witness Says Bazil’s PCC Funded Half of Europe-Bound Cocaine

By · May 11, 2026 · 6 min read

Daily Brief

The morning intel from across Latin America. Free.

By subscribing you agree to our privacy policy. We never share your email.

A jailed Italian mafia operator told Italian prosecutors that Brazil’s largest criminal faction bankrolled 50% of every cocaine shipment sent from South America to Italy, splitting financing and profits with the Calabrian ‘Ndrangheta in a consortium that delivered tons of the drug through the Mediterranean port of Gioia Tauro.

The delation by Vincenzo Pasquino, held at Brazil’s Brasília federal penitentiary after a 10-year conviction, was disclosed by Estadão on Monday May 12, 2026 and is described by Italian investigators as the most detailed account ever produced by a mafia insider of the operational architecture the PCC built for global trafficking.

Key Points

— Italian witness Vincenzo Pasquino tells prosecutors Brazil’s PCC and ‘Ndrangheta split 50/50 the cost of each cocaine shipment to Italy

— The PCC sold cocaine to the Italians at 5,000 euros (about US$5,400) per kilo, with the Italian wholesale price reaching 23,000 to 25,000 euros

— Cocaine landed at Gioia Tauro, Europe’s biggest container port, and was distributed across Sicily and northern Italy

— Operation Samba, deflagrated in December 2024 in Brazil and Italy, drew its framework from the Pasquino testimony

— The Rio Times, the Latin American financial news outlet, reports the disclosure as Trump pushes Brasília to designate the PCC a Foreign Terrorist Organization

A Consortium Sealed in São Paulo

Pasquino, an officially affiliated ‘Ndrangheta member since 2011, said he organized the São Paulo meeting where the two organizations agreed to share equally the cost of each shipment bound for Italy. He described his own role as the contact point that several Calabrian clans relied on to coordinate with the PCC and as the courier who moved financing from Europe to Brazil. The witness was arrested in Paraíba in 2021 alongside fellow ‘Ndrangheta operator Rocco Morabito, extradited to Italy in March 2024, and convicted to 10 years.

Mafia Witness Says Bazil’s PCC Funded Half of Europe-Bound Cocaine. (Photo Internet reproduction)
One-stop reference
Company Intelligence
Every listed company in Latin America — financials, ownership and structure for 1,450+ companies across 26 exchanges, in one place.
Browse the directory →
RT
Ask Rio Times
This story and the bigger picture.
Open the full Ask Rio Times →

According to the depositions reviewed by Estadão journalist Marcelo Godoy, the PCC sold cocaine to the Italians at 5,000 euros per kilo. Logistics and port bribes pushed the cost to 7,500 euros before European distribution. The PCC’s agreed share of the Italian sale price ranged from 23,000 to 25,000 euros per kilo, a markup that mirrors the kind of margin documented in Rio Times prior reporting on the economics of the PCC’s European cocaine corridor.

Routes, Methods and the Sailboat Network

The witness detailed routes built around the port of Gioia Tauro, the Mediterranean’s largest container terminal and historically the ‘Ndrangheta’s logistical heart. From Calabria, the drug moved north to Sicily and to industrial cities in northern Italy. In 2017, Pasquino said he was dispatched to Brazil to open a maritime corridor using sailboats that left Amsterdam carrying ecstasy and returned loaded with cocaine, and he organized the first containerized shipment from the port of Santos to Italy that same year.

Stage Price per kilo (EUR) Equivalent in USD
PCC sale to Italians 5,000 ~5,400
After logistics and port bribes 7,500 ~8,100
Italian wholesale (PCC share) 23,000 to 25,000 ~25,000 to 27,000

Pasquino also claimed pioneering use of Colombian divers who attached cocaine packages to the keels of cargo ships, a method federal investigators in Brazil have documented across Santos and Paranaguá. Italian prosecutors say his testimony, beginning November 28, 2023 and continuing through 2024, served as the framework for Operation Samba, launched simultaneously in Brazil and Italy in December 2024 against the consortium accused of moving tons of cocaine from South America to Europe.

The PCC’s Crime Tribunal

A lost shipment triggered a PCC sanction against the Italian witness: according to the depositions, Pasquino was summoned to the faction’s internal “tribunal do crime,” given a deadline to repay the value of the missing cargo, and warned he would be executed if he failed. Italian investigators recorded that he was informed he would have to “answer for the shipment,” a phrase that captures how the PCC enforces commercial discipline among foreign partners. The same investigations also touched the Rio de Janeiro Comando Vermelho; Pasquino said Italian operators had contact with the Rio faction but never formalized a partnership comparable to the one with the PCC, an asymmetry consistent with Rio Times reporting on the CV–PCC rivalry along the Rota Caipira corridor.

Why This Lands Now

The disclosure surfaces while the Trump administration is pushing Brasília to designate the PCC and the Comando Vermelho as Foreign Terrorist Organizations. The Lula government has resisted, arguing organized crime is a domestic public-security matter. A Wall Street Journal feature on April 20, 2026 described the PCC as operating at the scale of the ‘Ndrangheta and with “the efficiency of a multinational corporation,” language that mirrors the Treasury vocabulary used in designation decisions and that Rio Times analyzed in coverage of the PCC’s transition into a globalized criminal enterprise.

What to Watch

  • Operation Samba spin-offs: additional indictments in Italy and Brazil drawing on the Pasquino corpus could name other Calabrian families and PCC mid-tier operators.
  • FTO designation pressure: watch whether the new financial detail accelerates a Trump executive order designating the PCC, a step the Lula government has resisted.
  • Santos and Paranaguá controls: Brazilian Federal Police are reviewing diver-attachment cases at both ports, where roughly 60% of Brazil’s container traffic moves.

Frequently Asked Questions

Who is Vincenzo Pasquino?

Pasquino is an Italian ‘Ndrangheta operator who joined the Calabrian mafia in 2011 and was sent to Brazil in 2017 to organize maritime trafficking routes. He was arrested in Paraíba alongside fellow operator Rocco Morabito in May 2021, extradited to Italy in March 2024, and convicted to a 10-year prison sentence. He began cooperating with Italian prosecutors on November 28, 2023, while still detained in Brazil.

What did Operation Samba target?

Operation Samba was a joint Brazil–Italy law enforcement action launched in December 2024 against the PCC–’Ndrangheta consortium accused of moving tons of cocaine from South America to Europe. Italian prosecutors say Pasquino’s depositions, the first detailed insider account of the PCC’s global trafficking architecture, supplied the operational framework for the investigation and led to indictments in both jurisdictions.

How big is the price markup from Brazil to Italy?

According to Pasquino, the PCC sold cocaine to the Italians at 5,000 euros per kilo wholesale at the Brazilian end. Logistics costs and port bribes brought the figure to 7,500 euros before European distribution. The PCC’s agreed share of the Italian wholesale price reached 23,000 to 25,000 euros per kilo, a multiple that Brazilian investigators say has financed the faction’s expansion into 28 countries.

Did the Comando Vermelho participate in the consortium?

Pasquino said the ‘Ndrangheta maintained contacts with members of the Rio de Janeiro–based Comando Vermelho but never formalized a partnership equivalent to the 50/50 split with the PCC. The asymmetry helps explain why the PCC alone is estimated to generate roughly 10 billion reais (about US$2 billion) a year, while the Comando Vermelho operates at a smaller scale and is more concentrated in domestic and regional markets.

Updated: 2026-05-11T16:00:00Z

Read More from The Rio Times

The Rio Times · Power Map
See who really holds power in Latin America
Click to open the Power Map

Rotate for Best Experience

This report is optimized for landscape viewing. Rotate your phone for the full experience.