Civil Police arrest 3 in São Paulo for fraud and money laundering related to online betting.

The São Paulo Civil Police arrested three suspects on Tuesday morning (October 13th) during an operation against a group investigated for exploiting illegal online betting platforms, committing financial fraud, and laundering money. The courts authorized asset freezes that could reach R$ 154 million.

The operation, dubbed Operation Dial 151, was launched by the State Department of Criminal Investigations (DEIC), through the 3rd Precinct of the General Investigations Division (DIG), according to reporting by G1 São Paulo.

The investigation stemmed from complaints registered with the Procon-SP Foundation regarding the digital platforms involved. In total, approximately 10 million complaint records were considered during the investigated period, according to the DEIC (Department of Criminal Investigations). The police also link more than 10 million bettors and victims to the investigated platforms.

Financial tracking and asset freeze

Financial analysis identified R$ 38,5 million in monitored bank transactions. Of this total, R$ 14,05 million had its flow tracked and identified by investigators, according to DEIC.

Based on the evidence gathered, the court authorized asset seizure measures against six individuals and five legal entities. The maximum estimated value of the freeze is R$ 154 million, according to the police. The objective is to target resources and assets that may be linked to the criminal activities under investigation.

Warrants and court orders

The operation involved the execution of three temporary arrest warrants and six search and seizure warrants. The court also issued two orders to break bank secrecy and two orders to break telecommunications secrecy.