Da Silver Neto and his wife were sentenced to 88 and 71 years in prison respectively.
Through the long arm of the law, Brazilian police finally caught two wanted fraudsters involved in a $400 million cryptocurrency Ponzi scheme.
Argentinian federal police track down impersonation scammers
Local media recently reported that the arrests of Ponzi scheme founder Antonio Inacio Da Silver Neto and his wife Fabricia Farias Campos were based on an intelligence investigation conducted by the Interpol unit of the Argentine Federal Police.
The investigation found that the couple attempted to disappear in early 2023 after making millions of dollars by running a fraudulent cryptocurrency company called "Braiscompany." By this time, Brazilian judicial authorities had accused them of fraud and crimes against the country's financial system and ordered their arrest.
Although they initially fled to Dubai after depositing the funds into multiple bank accounts, the Brazilian fraudsters were eventually discovered in Argentina. Not surprisingly, they lived a lavish lifestyle under false identities and makeovers for nearly a year.
Although investigations into their case began last March, all efforts to find the couple have failed. Until last month, the Argentine federal police found and arrested Da Silver Neto by tracking the traces and consumption in supermarkets, gyms and other places.
Brazilian couple sentenced to 149 years in prison
Da Silver Neto and his wife were sentenced to 88 and 71 years in prison respectively after the couple was arrested for running a cryptocurrency Ponzi scheme.
Notably, the prison sentence comes with severe penalties, including financial obligations of approximately 377 million reais (approximately $76 million). #加密诈骗 #巴西
