Idol of Ceará and Fluminense, former player Magno Alves was the victim of a financial pyramid scheme involving cryptocurrency investment and suffered a millionaire loss
This Friday, the 18th, he was informed by the ‘GE‘, that the former player Magno Alveswhich had important passages through Ceará It is Fluminense, suffered a financial blow. At first, the veteran was investing his money in alleged investments in cryptocurrencies, adding an amount that exceeded BRL 32 million. The case is now in the hands of the Federal Public Ministry.
The money invested by the former player went to the company braiscompany, which has already been processed and summoned to unlock an amount of R$ 32,031,763.22 in the accounts of the company’s owners. In addition, Magno Alves asks that there be a block on all existing assets of the company in cryptocurrencies.
According to the Federal Public Prosecutor’s Office, Braiscompany has almost 20,000 customers, which add up to more than R$ 1 billion in combined investments. Among its misleading promises, the company promised yields of up to 10% per month of the amount invested. At the moment, the company had its assets blocked by the courts, in addition to being under investigation.
Still in the first phase carried out by the operation, eight search and seizure warrants were fulfilled in three Brazilian cities. Campina Grande, João Pessoa and São Paulo were the municipalities in which the process has been carried out. From what was found, the company sought to prospect new customers in order to pay other existing investors, categorizing a financial pyramid scheme.
Sought by the ‘GE’ report, Magno Alves preferred not to comment on the case, at least at this moment. In addition, dealing with how the process is being directed, Antonio Neto Ais It is Fabricia Campos, the owners of Braiscompany, remain at large. The Tycoon, as the player was known, joined the company as an investor more than two years ago, in February 2021.
Source: sportbuzz
I am William Jackson and I have a passion for sports journalism. With over 3 years of experience in the industry, I have worked in a variety of roles to improve the quality and accuracy of sports news coverage. As an author at Athletistic, I specialize in covering football news and providing comprehensive analysis for fans around the world.
