Brazil’s Bitcoin Banco Group and Leader Arrested for Alleged Embezzlement of $300M in Crypto

Reuters

Brazil’s Bolsonaro implicated in alleged graft scheme as lawmaker, UOL reports

RIO DE JANEIRO (Reuters) -Brazilian President Jair Bolsonaro was involved in a scheme to skim salaries of his aides while a federal deputy, website UOL reported on Monday, citing what it said were audios of his former sister-in-law explaining his role in the alleged racket. The scheme, known locally as rachadinha, involves hiring close associates as employees and then receiving a cut of their public salaries back from them. Rio de Janeiro state prosecutors have formally pressed charges against federal Senator Flavio Bolsonaro, the president’s eldest son, over his alleged participation in a similar racket when he was a state lawmaker.