The Federal Police and the Revenue launched operation “Xepa” this Tuesday (11) to execute ten search and seizure warrants in the south of Bahia against a money laundering scheme involving companies distributing horticultural products.
The investigation identified a group of businessmen made up of at least three distribution companies, two of which were proprietary, used to hide the goods.
According to the PF, the operating companies were constituted by “oranges”, without economic capacity, who had a kinship connection with the real beneficiaries of the economic group and without management powers in the entities, which were delegated through bank or notary powers of attorney.
The IRS pointed out the existence of several banking flows between the group’s companies, as well as between them and individuals, in a “business confusion”.
On the other hand, in the group’s equity arm, companies formed by the children of the beneficial owners did not carry out any operational activity, but accumulated significant assets, through purchases of properties made with money outside the entities or direct payments from the companies in the operational arm themselves.
The Revenue identified a loss to the public coffers of more than R$100 million, which could even be much greater when considering the most recent operations and covering other companies in the group. The facts resulted in the drawing up of a Tax Representation for Criminal Purposes with the evasion of R$ 10 million.
The warrants are served in the municipalities of Itabuna, Ilhéus, Poções and Porto Seguro, all in the state of Bahia.
Source: CNN Brasil
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