3rd April 2018
Brazil’s securities regulator, CVM, said on Monday it was probing possible insider trading at Banco Original, a bank that belongs to J&F Investimentos, which has been at the center of a corruption scandal. The regulator will look into transactions in interest rate futures and derivatives that occurred before the release… Read More
28th March 2018
Brazilian ex-President Dilma Rousseff has criticised Netflix over its new series, The Mechanism, which is based on one of the largest corruption scandals to hit Brazil. Ms Rousseff accused Netflix of “distorting reality” and spreading lies about her and her fellow ex-President Luiz Inácio Lula da Silva. The series premiered… Read More
28th February 2018
North Korean leader Kim Jong Un and his late father Kim Jong Il used fraudulently obtained Brazilian passports to apply for visas to visit Western countries in the 1990s, five senior Western European security sources told Reuters. While North Korea’s ruling family is known to have used travel documents obtained… Read More
31st January 2018
Former Brazilian President Luiz Inacio Lula da Silva leads in the first presidential poll published since an appeals court upheld his conviction on corruption charges, a decision which is likely to knock him out of contention for the October election. The Datafolha survey published on Wednesday in the Folha… Read More
25th January 2018
Brazil hopes to reduce corruption with blockchain – the technology behind the bitcoin currency – as it reels from a string of arrests in the world’s biggest graft investigation. The platform’s supporters believe it can reduce fraud in Brazil’s antiquated land titling system, which enables swathes of Amazon rainforest… Read More
24th January 2018
An appeals court in Brazil has upheld a conviction for corruption imposed last July on ex-President Luiz Inacio Lula da Silva. While he can still take his appeal to a higher court, the decision could rule Lula out as a candidate for October’s presidential election. The… Read More
6th December 2017
AP A Brazilian businessman testified on Monday that he participated in a bribery scheme to buy the influence of FIFA soccer officials to win commercial rights to major tournaments, a decision he later regretted. “I made a mistake,” Jose “Jota” Hawilla said at the U.S. conspiracy trial of three… Read More
5th December 2017
By Gram Slattery, REUTERS Brazil’s prosecutor general officially presented money laundering and criminal association charges against six people, including a former federal minister and a congressman, Brazilian media reported on Monday evening. According to newspapers Estadão and O Globo, the prosecutor general sent the formal accusations to Brazil’s Supreme Court,… Read More
20th November 2017
17 November 2017 By Brad Brooks, REUTERS Federal prosecutors in Brazil are conducting a criminal investigation into alleged international money laundering by a man at the centre of a Reuters inquiry into U.S. President Donald Trump’s first international hotel project. Reuters reviewed more than 350 pages of a sealed investigation… Read More
13th November 2017
KYC360 News Members of a criminal gang comprising a banker, lawyer and other professionals, have been jailed for a $107.9 million tax fraud scheme. The six men, who were given sentences totalling 45 years, devised a fake eco-investment plot as a tax break for rich investors. “The scheme enticed high… Read More