Markets: Brazil

Key Facts

—The probe. Brazil’s Federal Police is examining R$2.342 billion (about US$461 million) that moved through personal accounts held by Americanas ex-CEO Miguel Gutierrez between January 2013 and April 2024.

—What it measures. The figure is the total of credits and debits across his accounts over eleven years — not an estimate of money laundered or diverted from the company.

—A disclosure, not a raid. The details surfaced on 2 August 2026 from an inquiry opened in mid-2025; no new arrests, searches or charges accompanied the report.