Overview
- The operation, which launched Thursday, November 5, executed 52 search-and-seizure warrants across the Federal District and five states with about 200 police officers involved.
- A judge ordered broad asset and administrative measures that block R$3.483 billion and suspend 100 company registrations to stop suspects from moving or hiding funds.
- Investigators say the illegal betting network routed about R$734 million through dozens of shell companies and that more than R$1 billion passed through over 100 accounts at the fintech A55, which is a formal target of the probe.
- Police seized electronic devices including roughly 35 cellphones but made no arrests; authorities are doing forensic analysis of financial records and data before deciding on formal charges such as illegal lottery, fraud, money laundering, false identity, and organized crime.
- Prosecutors and regulators say the scheme relied on payments by Pix, shell-company accounts and some conversion to cryptoassets, exposing gaps in payment monitoring by fintechs and creating pressure for tighter oversight by the Treasury unit and the central bank.