Court orders, issued by the STF, are being carried out by the Federal Police this Wednesday (14); Operation Compliance Zero investigates alleged financial fraud scheme involving Banco Master
A On the morning of this Wednesday (14), the second phase of Operation Compliance Zero began, which investigates an alleged financial fraud scheme involving the . The action targets addresses linked to owner of the institution, as well as relatives of the businessman, in
The operation investigates the commission of crimes such as criminal organization, fraudulent management of a financial institution, market manipulation and money laundering. In total, 42 search and seizure warrants are being executed in the states of São Paulo, Bahia, Minas Gerais, Rio Grande do Sul and Rio de Janeiro. The court orders were issued by the
In addition to the searches, the Court ordered measures to kidnap and block assets and values in excess of R$5.7 billion. According to the Federal Police, the actions aim to interrupt the activities of the investigated group, guarantee the recovery of assets and continue investigations into the suspected financial scheme.
*Report being updated.
