Brazil Police Freeze R$6 Billion in PCC Laundering Probe as PF Jails Adviser in Separate Fraud Case

Overview

• São Paulo’s Civil Police launched Operation Falso Mercúrio, blocking up to R$6 billion and seizing 49 properties, 257 vehicles and three vessels tied to a laundering network that allegedly provided services to the PCC.
• Investigators say the scheme used 49 companies and a three‑tier structure of collectors, intermediaries and final beneficiaries, with deposits traced to Kauê do Amaral Coelho via Matheus Augusto de Castro Mota; six arrest warrants were issued but the targets fled.
• The Federal Police arrested Frederico Goz Biagi in Operation Stop Loss on accusations he diverted at least R$11 million from clients by day trading their funds, fabricating statements and causing victims to pay taxes on fictitious gains.
• In Paraná, Operation Mors Futuri targeted alleged clandestine banking that moved about R$1 billion, ordering R$66 million in asset blocks and a preventive arrest for the suspected ringleader, who is now on an Interpol Red Notice.
• Authorities report broad searches and court‑ordered seizures across multiple states and say efforts continue to identify all participants and victims and to recover assets.