By Bernardo Caram
THE Brazil government is in the final stages of preparations to launch operations targeting organized crime in the online betting and tobacco sectors, a senior government official with direct knowledge of the matter said.
The move follows a strategy to choke off criminal organizations financially, said the source, adding that the plan would not change after the U.S. decided to designate the country’s two biggest gangs as terrorist organizations.
Subscribe now to have unlimited access
With our membership subscription, you will have unlimited access to the AML Intelligence site, updated daily with the latest analysis, opinion, and breaking news across the sector, newsletter delivered twice per week, access to our Global Bank Fines & Penalties database, free access to Boardroom Series and more!
