0
The investigation of that dismantled a criminal organization focused on money laundering and suspicion of connection with the First Capital Command (CCP) shows that Reag Investimentos, one of Faria Lima’s largest background managers, was the “main responsible” for hiding billions of the investigated group.
“As previously exposed to RFFP, Reag would be mainly responsible for concealing values without origin, which would reach billions of reais,” says an excerpt from the decision that authorized PF’s actions in Operation Quasar.
The operation, launched last Thursday (28/8), investigates a criminal organization specializing in money laundering and fraudulent management of financial institutions, which used investment funds to hide assets of illicit origin.
According to the PF, the group used multiple corporate and financial layers, in which investment funds held participation in other funds or companies. Among the strategies used were simulated transactions of purchase and sale of assets – such as real estate and titles – between companies in the same group, with no real economic purpose.
“This complex web made the identification of true beneficiaries difficult and was mainly purposeful the patrimonial shield and the concealment of the origin of resources,” the corporation said.
the corporation also points out that the manager of the manager Reag Investimentos, João Carlos Mansur, artificially inflated his assets to obtain commercial favoritism.
According to information analyzed from IRS documents ,.
The tax authorities also points out that the “less debt goods” grew in the same period, from $ 40 million to $ 737 million.
Data from the IRS show that the amount stated by Mansur as profits and dividends received “is a fantasy and has no origin in the income of their companies, alleged pays for income.”
According to the agency, the value would have the sole purpose of “supporting the amount of R $ 699 billion from the capital of Lurix Participações, whose original name was reagures”.
“Inconsistencies could be given as a way for João Carlos to artificially inflate the heritage with commercial purpose, to take care of investment fund manager,” says the decision.
Operation Quasar, in which Mansur is cited, was one of three operations triggered on Thursday (28/8) and investigating the use of investment funds to shield equity and launder money from a business group allegedly linked to the CCP acting in the fuel sector.
Of the 21 funds investigated in Quasar, 10 were under the management of Reag Investments, according to the court decision. They are: Celebration, Derby, Wels, Gold Style, Hans 95, Location, Los Angeles (Lucerna), Mabruj II (Rhodonite), New Background (Reag Leeds) and OLAF 95.
“It is pointed out that the funds under investigation would resort to mechanisms to cover up the true ownership of the assets, using an imbricated network of financial transactions and real estate negotiations, structured with the help of interposed individuals and legal entities, which would reveal the absence of legitimate economic substrate, functioning as a gear for the concealment and integration of values of criminal origin,” says the document.
João Carlos Mansur, founder of Reag Investimentos
Read too
Defense
Asked by the column about the income of João Carlos Mansur, the company stated that its equity evolution also reflects the growth of the company in recent years, “and everything is properly declared and of lawful origin.”
“All information regarding equity and income has been duly provided and enlightened with the competent authorities, through annual income tax statements, in absolute compliance with current tax and legal rules,” the statement says.
About the funds mentioned, Reag says it had 10 funds and eight were resigned from 2024, before the operation.
As for an alleged relationship with the CCP, Reag clarifies that “it has never maintained, maintains or will maintain any relationship with criminal groups, including the CCP, or any illicit activities.”
“We reaffirm that there is no participation of the company or its executives in asset operations or money laundering,” says the demonstration.
In a statement released by Reag, the company “vehemently” refuted any performance in irregularities pointed out by the investigations and says that “it received with surprise the disclosures that involve it in alleged irregularities investigated under Operation Operation Operation Occult [uma das três operações que miraram lavagem de dinheiro]”.
Reag also states that “it operates in line with the standards in force in the financial and capital market” and that there are several investment funds mentioned in the operation that have never stated under its administration or management.
“Regarding the investment funds that the company maintained service, its performance has always been diligent and proba, and the funds have been a resignation or settlement for months. Its trajectory demonstrates solid governance and transparency practices, based on ethics and technical rigor,” says excerpt from the note.
Finally, the company points out that it has internal “strict” internal controls of prevention of money laundering, in line with standard regulators to which it is subjected.
“Reag will continue to act with ethics, diligence and transparency, without any tolerance to deviations, always in collaboration with the authorities and in defense of a healthy financial market and its customers and investors,” he says.
