Brazilian Federal Police conducted a massive operation targeting ex-CEO Miguel Gutierrez and director Anna Saicali for fraud at Americanas SA, which led to bankruptcy.

Brazilian Federal Police conducted a massive operation to punish those responsible for a fraud at retailer Americanas SA, issuing arrest and search warrants in Rio de Janeiro. The police targeted ex-chief executive officer Miguel Gutierrez and director Anna Saicali, who have allegedly fled the country, with Interpol alerts issued for their arrest. The operation also involved 15 search and seizure orders for former employees. Americanas filed for bankruptcy last year due to a massive accounting fraud.

June 27, 2024
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