Brazil court sentences Braiscompany Team 170 years of jail
Three people behind one of Brazil’s biggest crypto scams have been sentenced to a total of over 170 years in prison. The scam was led by Braiscompany, a crypto business that promised huge profits but turned out to be a fraud.
The court found them guilty of running a fake investment company that tricked thousands of people across the country. The main person behind the scheme, Joel Ferreira de Souza, received the longest sentence of 128 years, 5 months, and 28 days.
According to local report, he created shell companies, ran secret crypto wallets, and moved large sums of money illegally. Federal Judge Vinicius Costa Vidor said the group “acted to disguise the illicit origin” of the money.
Gesana Rayane Silva was sentenced to 27 years,…
