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Lava Jato Links Five Major Brazilian Banks to R$1.3 Billion Money Laundering Scheme

RIO DE JANEIRO, BRAZIL - According to findings based on two operational stages carried out this year, funds used for the payment of bribes were transferred through Banco do Brasil, Bradesco, Caixa, Itaú, and Santander.

In all, the accounts opened in the name of front companies operated by moneylenders investigated . . .

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