Brazil breaks up China-linked US$190m money-laundering ring tied to top crime syndicate

2026-02-13 - 18:38

Brazilian prosecutors and police launched an extensive crackdown on a Chinese electronics distribution network accused of laundering more than one billion reais (US$190 million) over seven months through a system allegedly related to one of Latin America’s most powerful crime syndicates. The Primeiro Comando da Capital, or PCC, syndicate allegedly sold imported consumer electronics throughout Brazil via a Chinese e-commerce platform called “Knup Brasil”, including mobile phone chargers,...