Even as Braiscompany owners Antônio Neto Ais and Fabrícia Farias are on the run from justice, some leaders associated with the Campina Grande company continue to shift their portfolios with investments in cryptocurrencies.
Paraíba already had exclusive access to the movements of a portfolio related to the company under investigation by the Federal Police’s Operation Halving.
The portfolio moved more than US$141,000, about R$735,100 at the current exchange rate, in a 10-day period – using February 26 as a reference. There was even movement on the day of the start of the PF operation against Braiscompany and its owners, on February 16.
An entry of US$20,000 (R$104,000) was made on February 16 and the amount was transferred an hour later. The next day, February 17, US$50,000 (R$260,000) was added to the wallet, and the same amount was transferred in less than an hour.
On February 19, an entry of US$38 thousand (R$198.9 thousand) was recorded in this portfolio linked to Braiscompany. The R$ 38 thousand was also transferred in an interval of less than an hour.
The wallet then remained without movement for a week. Until registering the entry of U$33.1 thousand (R$172.4 thousand) last Saturday (25), less than a week ago. The destinations of the transfers were not identified. The moves were in dollar-pegged stablecoins.
There was no record of new movement in this portfolio until this Wednesday (1st).
The numbers for the blockchain movements were sent to Paraíba Já by a source, who asked for anonymity. The detail of the portfolio data may hamper the investigation of the case.
Check movements
- February 16: US$20,000 came in and US$20,000 went out
- February 17: US$50,000 came in and US$50,000 went out
- February 19: US$38,000 came in and US$38,000 went out
- February 25: USD 33.1 thousand entered
suspicion
The portfolio in which the transactions took place may belong to a broker or manager of Braiscompany. The source preferred not to specify ownership of the exchange account.
The Paraíba Public Prosecutor’s Office pointed out in the course of the investigation that Braiscompany operates through portfolios of individuals, brokers or managers, in exchanges. Fabrícia Farias’ portfolio would be the most important.
Even the accounts of brokers operating on exchanges, such as Binance, for Braiscompany were subject to requests for blocking by the Public Prosecution Service.
Thus, this indicates the effective participation of the class in the activities of the company. The wallets of several brokers were blocked 24 hours before the federal police operation against the company.
Judge points to financial pyramid
In his decision, the judge of the capital’s 5th civil court, Onaldo Rocha de Queiroga, initially stressed that Braiscompany has strong indications that it is a financial pyramid, something denied by businessmen Antônio Neto Ais and Fabrícia Farias, along with their brokers, managers and traders.
“In a preliminary picture of the achievement, it must be stated that there are strong indications that this is one of many cases of financial pyramids harming unwary people and seeking easy profits”Queiroga said.
“Through information from the media, the fact that the defendant’s company failed has already become public, as the Braiscompany company is involved in police scandals for possible practice of pichardismo, or, in the most common expression, of financial pyramid ”completed.
runaway owners
Judge Vinício Costa Vidor, of the 4th Federal Court in Campina Grande, on Friday (24) issued preventive arrest warrants against Antônio Neto Ais and Fabrícia Farias Campos, owners of Braiscompany.
The magistrate also asked the federal police in Paraíba to send a message to Interpol, the international police. This makes Ais and Fabrícia popular all over the world. The couple have been considered fugitives since February 16, when they were not located by federal police to execute a temporary arrest warrant at the time.
Source: Live Coins
Barry Siefert is an accomplished journalist and author at The Nation View. He is known for his expertise in the field of cryptocurrency, and has written extensively on the topic. With a background in finance and economics, Barry has a deep understanding of the underlying technology and market forces that drive the crypto industry.
