Two individuals, a woman and a man, were captured in Argentina on charges of having perpetuated a Ponzi scheme that moved over $400 million in cryptocurrency in Brazil. The operation managed to track the couple’s whereabouts with the help of the Argentine Federal Police and Interpol.
Founders of $400 Million Cryptocurrency Ponzi Scheme Arrested in Argentina
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Argentina Captures Couple Accused of Orchestrating a $400 Million Ponzi Scheme in Brazil
The Federal Police of Argentina reported capturing two individuals, a woman and a man, founders of a Ponzi scheme that moved over $400 million worth of crypto in Brazil. The operation managed to track the location of these two individuals after entering the country with fake names.
The man, known as “Joao Felipe Costa” in Argentina, was identified by the local press as Antonio Inacio Da Silva Neto, one of the founders of Braiscompany, a company aiming to “build financial freedom for thousands of people through information.” The woman was identified as Fabricia Farias Campos, Da Silva’s partner.
Da Silva Neto had a red Interpol warrant on his name, issued on March 2023, on the charges of committing crimes against the Brazilian financial system, money laundering, and crimes against the capital market. In February, the couple was sentenced to spend more than 150 years in jail, 88 years and 7 months for Da Silva Neto and 61 years and 11 months for Farias Campos.
The arrest was preceded by an intense investigation, which found the couple’s location tracking different purchases and payments made using their fake names in Argentina. The couple is now in the custody of Argentine authorities, who will have to sign the extradition orders to send them to Brazil, where they will be incarcerated.
In December, another man linked to the Braiscompany case was extradited from Argentina to Brazil. The man, whose identity was not released, was suspected of acting as the financial operator of the company, serving as a broker who intermediated the financial transactions of Braiscompamy with other companies.
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