Pixbet Accused of Using Tax IDs of 549 Dead People, Federal Police Say
Brazil's Federal Police say betting brand Pixbet used the tax IDs of 549 deceased people to disguise illegal money transfers abroad, prompting raids and an asset freeze. The post Pixbet Accused of Using Tax IDs of 549 Dead People, Federal Police Say appeared first on The Rio Times .
Brazilian federal police allege that betting company Pixbet used the tax IDs of 549 deceased individuals to disguise illegal money transfers abroad. This comes after raids on the company across several states on August 13, 2026. The tax IDs, known as CPFs in Brazil, were found in financial records tied to the betting group, despite some of the people who held them having died over 20 years ago.
The police claim this was part of a scheme to launder money and export currency, with some of the funds reportedly ending up in a tax haven in Curacao. The case, called Operação Arena, has led to the freezing of up to R$1.1 billion (approximately US$212 million) in assets connected to the investigation, including property and financial holdings.
Brazil's tax authority flagged over R$2 billion (about US$385 million) in suspicious transactions from 2022 to 2025. Pixbet's license was suspended by Brazil's Finance Ministry, barring it from accepting new bets, though existing bets can still be honored. The company's defense maintains it was caught off guard and has not yet responded to the allegations.
Written by urgent.news from The Rio Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
