Company had privileged information to defraud credit; It is the biggest punishment ever applied based on the Anti-Corruption Law
The São Paulo government fined the retail chain in R$ 1.04 billion for fraud related to the improper obtaining of ICMS (Tax on Circulation of Goods and Services) credits. This is the largest punishment ever applied based on the Anti-Corruption Law. The decision was published in Official State Gazette this Monday (May 11, 2026).
According to investigations, the company hired a tax consultancy operated by a former tax auditor, to obtain irregular access to state government systems. With the privileged information, he was able to carry out “fiscal data mining” to defraud the approval of credits.
Transactions totaling R$1.59 billion were analyzed and, of this total, it was proven that the company illicitly obtained R$1.04 billion in ICMS credits. The fine was defined by the government based on the seriousness of the facts and the size of the irregularities, which generated direct losses to public coffers.
The case is an unfolding of the which seeks to dismantle tax corruption schemes involving tax auditors and private companies.
O Poder360 He approached the retail chain Fast Shop to question it about the fine imposed by the São Paulo government. There was no response until the publication of this report. The text will be updated if the company sends a statement to this digital newspaper.
