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Brazil Police Conclude ‘Fraudulent Management’ in BRB’s R$17.5 Billion Banco Master Deals

Brazil's Federal Police concluded that former directors of the state-controlled BRB bank committed fraud in the purchase of R$17.5 billion in credit portfolios.

By Marcus Wright

Published Sep 11, 2026, 9:37 PM UTC

Brazil Police Conclude ‘Fraudulent Management’ in BRB’s R$17.5 Billion Banco Master Deals — Photo by Matheus Natan on Pexels

Brazil's Federal Police concluded that former directors of the state-controlled BRB bank committed fraud in the purchase of R$17.5 billion in credit portfolios.

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