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Brazilian IT Worker Arrested in $140 Million Theft

7/5/2025

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Summary

Story summary

In a shocking turn of events, Brazilian authorities have apprehended João Roque, an IT worker at C&M Software, for allegedly selling login credentials that facilitated a massive theft of 800 million reais (around $140 million) from six financial institutions. The breach struck Brazil's Central Bank's PIX payment system, prompting officials to freeze 270 million reais in suspected assets while probing the laundering of $40 million into cryptocurrencies.

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Story summary

In a shocking turn of events, Brazilian authorities have apprehended João Roque, an IT worker at C&M Software, for allegedly selling login credentials that facilitated a massive theft of 800 million reais (around $140 million) from six financial institutions. The breach struck Brazil's Central Bank's PIX payment system, prompting officials to freeze 270 million reais in suspected assets while probing the laundering of $40 million into cryptocurrencies.