Operation Sicarius: Brazil dismantles money laundering network linked to smugglers

Brazilian authorities have launched a major operation targeting a criminal organization involved in money laundering from smuggling activities. Dubbed "Operation Sicarius," the joint effort by the Federal Revenue and Federal Police aims to dismantle a network operating primarily on the border between Paraguay and Brazil.

The investigation revealed that the transnational criminal organization specialized in smuggling cigarettes and agrochemicals. Members were involved in concealing, disguising, and converting illicit funds derived from their criminal enterprises. A key figure identified is a money changer who allegedly moved over 375 million reais (approximately $70 million USD) between 2019 and 2024, using intermediaries and shell companies.

Investigations began after identifying organization members involved in various crimes, often caught transporting smuggled cigarettes from Paraguay. These activities were deemed predicate offenses to money laundering. The operation has so far resulted in 120 judicial orders, including 62 for searches and seizures, 44 for preventive detention, and 14 for temporary detention, executed across multiple Brazilian states.

Authorities also ordered fiscal procedures against companies that received funds from the investigated money changer. Additionally, accounts of individuals and legal entities involved in the fraudulent schemes have been frozen. The operation underscores the ongoing challenge of controlling the incessant flow of drugs and contraband across the Paraguay-Brazil border.