Funding For 2015 Rio Carnival Champion Under Investigation
Following Beija-Flor's controversial 2015 Rio Carnival win, Brazilian officials have opened an investigation into the funding of the samba school's...
February 21, 2015Topic
Money Laundering
Petrobras CEO Steps Down Amid Corruption Scandal
Resignation announcement came as surprise, with markets forecasting Foster would step down only in March.
February 4, 2015
Lava Jato Main Suspect Youssef‘s Plea Bargain Revealed
The details of the plea bargain of black market money dealer and Lava Jato (car wash) scandal mastermind Alberto Youssef...
January 22, 2015
Former Petrobras Executive Arrested at Rio’s Airport
Nestor Cerveró, former head of internationals at Petrobras, was arrested this morning (January 14th) when he disembarked at Rio's Galeão...
January 14, 2015
Petrobras: Q3/2014 Results Only in 2015, Bans Contractors
Financial results will not have the approval of external auditor and companies linked to Lava Jato scheme are banned from...
December 31, 2014
Money Laundering Scheme in Brazil Indicts Twelve Executives
The indictments are the latest in a series of actions taken by the Federal Police and the Public Prosecutors Office...
December 10, 2014
Brazil’s CB Freezes R$47 Million in Assets from Lava Jato Scheme
The money-laundering scheme may have led to over R$12 billion in losses for brazil.
November 21, 2014
Brazil Arrests Another 36 in Money-Laundering Operation
The federal police operation also issued search and seizure warrants and blocked million worth in assets.
November 15, 2014
Brazil Arrests 24 in Money Laundering Operation
Brazil’s federal police arrested 24 people accused of laundering over R$10 billion in six states across Brazil this Monday, March...
March 18, 2014