Businessman Fábio Luís Lula da Silva, known as Lulinha, registered a company in Spain amid the progress of investigations into billion-dollar fraud at the INSS. The information was confirmed by CNN Brazil.
The movement occurs after the name of the son of President Luiz Inácio Lula da Silva (PT) was mentioned in Federal Police investigations investigating possible beneficiaries of the scheme.
The company, called Synapta, was registered in the Madrid Mercantile Registry on February 6, 2026, with operation declared to begin on January 13. According to documents analyzed by the press, the company was incorporated as a limited liability company and is headquartered in Madrid, focusing on technological services.
According to records, the company’s share capital is 3,000 euros, the minimum required by Spanish legislation, equivalent to around R$18,000. The corporate purpose includes technical consultancy, development and planning of technology systems and integration of digital solutions.
Lulinha’s defense states that the company has not yet started its activities and that there is no irregularity in opening the business. “Perhaps he will undertake business in the future. In the medium or long term. There is no crime in opening a company. A crime is not registering. He has a transparent stance with this”, said lawyer Marco Aurélio Carvalho to CNN.
Name appears in PF investigations
The opening of the company takes place in parallel with investigations carried out by the Federal Police into an INSS fraud scheme. Reports sent to the Federal Supreme Court indicate that Lulinha’s name was mentioned as a possible beneficiary of payments attributed to lobbyist Antônio Camilo Antunes, known as the “bald guy from INSS”.
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According to a preliminary investigation by the PF, there was suspicion of monthly transfers of R$300,000, allegedly intermediated by third parties, aiming to facilitate access to environments in Brasília. The accusations are denied by the defense.
In addition to financial records, the investigation brings together testimonies from a former employee linked to the lobbyist, who claimed to have heard frequent mentions of payments intended for Lulinha. Materials were also seized during phases of the operation that mentioned the businessman’s name.
In another document sent to the STF, the Federal Police even considered the possibility of Lulinha leaving the country, which contributed to requests to break tax and telematic secrecy.
