Name: Former boss of Brazilian retail giant Americanas arrested in £3.5bn fraud probe
Uploaded: 2024-06-28T16:48:35-04:00
Duration: 5 min
Description: The former chief executive of Brazilian retail giant Americanas, Miguel Gutierrez, was arrested on Friday in Madrid, accused of participating in a 25 billion reais (£3.5 billion) fraud scheme. Brazil’s federal police added his name to Interpol’s red notice list after determining the company falsified financial results to inflate cash flow and artificially boost the […]

Tag: 3.5bn

Former boss of Brazilian retail giant Americanas arrested in £3.5bn fraud probe

The former chief executive of Brazilian retail giant Americanas, Miguel Gutierrez, was arrested on Friday in Madrid, accused of participating in a 25 billion reais (£3.5 billion) fraud scheme. Brazil’s federal police added his name to Interpol’s red notice list after determining the company falsified financial results to inflate cash flow and artificially boost the […]

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