Story perspectives

Brazil Targets Chinese Network in $190M Money Laundering Bust

2/14/2026

Summary

Story summary

Brazilian authorities have launched a crackdown on a Chinese electronics distribution network accused of laundering over one billion reais (US$190 million).
The network is linked to the Primeiro Comando da Capital (PCC) and allegedly sold electronics through Knup Brasil.
Investigators say the sales structure hid revenue and evaded taxes by issuing invoices at low values.
Customers were directed to pay via Brazil's Pix system to companies lacking legitimate activity.

1 of 1

Story summary

Brazilian authorities have launched a crackdown on a Chinese electronics distribution network accused of laundering over one billion reais (US$190 million).
The network is linked to the Primeiro Comando da Capital (PCC) and allegedly sold electronics through Knup Brasil.
Investigators say the sales structure hid revenue and evaded taxes by issuing invoices at low values.
Customers were directed to pay via Brazil's Pix system to companies lacking legitimate activity.