BR🏛️ PoliticsCenter4 days ago☆Follow⤓CiteShare

Who are the targets of US sanctions for links to the CCP and INSS fraud?

The article discusses U.S. sanctions against Brazilian companies and individuals suspected of ties to the Chinese criminal organization PCC (Primeiro Comando Capixaba) and fraudulent activities related to Brazil's social security system (INSS). The report references a Senate committee investigation (CPMI do INSS) that identified these firms as part of a network involved in money laundering. Specifically, Victory Trading, which received over R$514 million from Wave Intermediações—a company linked to the 'Arpar' network—was sanctioned by the U.S. Treasury Department. The U.S. claims this network operated between São Paulo and Florida, with Victor Shimada allegedly acting as a bridge between the PCC and international drug traffickers. Sanctions include financial isolation and asset freezes in the U.S., marking the first such action against the PCC since it was classified as a terrorist organization. Other entities, including Pixwave Soluções de Pagamentos, Wave Construções Inteligentes, and Portuguese company Avenides Flutuantes Unipessoal, were also targeted. These companies appear in other Brazilian investigations, including those involving the Corinthians football club and testimon