The Federal Police in Brazil launched the third phase of Operation Barco de Papel, investigating financial crimes related to the RioPrevidência pension fund, involving searches in which a large sum of cash was thrown from a window.
On the morning of Wednesday, November 11, the Federal Police of Brazil initiated the third phase of Operation Barco de Papel, focusing on financial crimes associated with the administration of the RioPrevidência state pension fund in Rio de Janeiro. This operation aims to uncover misconduct in managing public pension resources. The operation is part of broader efforts to address corruption and financial malpractices within public institutions.
During the execution of search warrants in Balneário Camboriú, Santa Catarina, police encountered an unusual incident where an occupant attempted to dispose of a suitcase filled with cash by throwing it out of a window, which was promptly recovered by the authorities. In addition to the cash, law enforcement seized luxury vehicles and mobile phones, suggesting the scale and the nature of the alleged financial misconduct being investigated. This incident underscores the lengths to which individuals may go to obstruct investigations into financial irregularities.
Authorities have issued two search and seizure warrants targeting properties linked to the suspects in both Balneário Camboriú and nearby Itapema. The warrants were authorized by the 6th Criminal Federal Court of Rio de Janeiro, based on evidence indicating possible obstruction of justice and concealment of crucial evidence. This phase of the operation highlights ongoing concerns over corruption in financial management and the necessity for rigorous oversight in public pension systems, particularly in light of the significant sums of money involved.
