BUSINESSJun 25 · 17:57 UTCTHE RIO TIMESArkady Petrov

Brazil Police Widen Americanas Fraud Case to Its Billionaire Owners

Brazil's federal police expanded the Americanas fraud investigation through Operation Disclosure, serving nine search warrants in Rio de Janeiro and São Paulo. A federal court ordered the seizure of up to R$54bn in assets from those under investigation, including the company's billionaire owners.

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Brazil's Federal PoliceorganizationOperation DisclosuretopicAmericanasorganizationfederal criminal courtorganizationbillionaire ownerspersonRio de JaneiroplaceSão Pauloplace

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