Brazil’s Police Launches Second Phase of Probe Into Americanas

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Brazil's Federal Police and prosecutors have initiated the second phase of an investigation into retailer Americanas SA, intensifying scrutiny over alleged accounting fraud at the company.

Brazil’s Federal Police and federal prosecutors launched the second phase of a probe that previously targeted Brazilian retailer Americanas SA, deepening an investigation into alleged accounting fraud, according to a statement on Thursday.

Politics Markets Brazil Federal Police Americanas SA accounting fraud investigation prosecutors

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