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Brazil Treasury to Review Fund Rules After Money Laundering Operation
Valor Econômico·BR·1 day ago
Brazil's tax authority launched Operation Hidden Credit, identifying R$11.6 billion in a scheme using financial structures to conceal assets and fund distributor purchases. The operation targets slush funds and opaque corporate vehicles, signaling heightened enforcement against financial concealment. Scope and named targets remain undisclosed, but the scale suggests significant corporate and political implications.
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