Brazilian Police Investigate Bolsonaro for $1.2M Jewelry Embezzlement

Former President Jair Bolsonaro faces potential charges for alleged illegal sales of luxury gifts from foreign leaders.

Federal police claim Bolsonaro benefited from a scheme to sell high-value gifts received during his presidency.
The alleged embezzlement involves items such as diamond-encrusted watches and luxury jewelry from Saudi Arabia.
Investigators say proceeds from the sales were funneled into Bolsonaro's personal assets without using formal banking channels.
Bolsonaro denies any wrongdoing, calling the investigations politically motivated.
Prosecutors have 15 days to decide on formal charges, which could lead to significant legal consequences for Bolsonaro.