BUSINESSJun 23 · 16:27 UTCTHE RIO TIMESCarlos Silva

Brazil Raids Digimais as Fitch Warns Edir Macedo’s Bank May Fail

Brazil's Federal Police raided Digimais, the bank owned by billionaire bishop Edir Macedo, freezing 670 million reais over alleged accounting fraud. Fitch warned that the bank may fail.

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Brazil's Federal PoliceorganizationDigimaisorganizationEdir MacedopersonFitchorganization

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