Organized Crime and Corruption Reporting Project - OCCRP
•80% Informative
Two alleged smuggling schemes run through the Brazilian border town of Pacaraima.
Police say they have busted two alleged schemes that funneled millions of dollars’ worth of Venezuelan gold across the border.
Experts estimate as much as 75 tons may be extracted from Venezuela’s mines every year, worth more than $4.8 billion.
Brazilian police are investigating Operation Chain, codenamed Operation Chain.
The investigation focuses on one shipment of eight gold bars extracted in Gran Sabana, a group of protected indigenous territories in the south of the country where mining is supposed to be banned.
Police say the bars were smuggled across the border from Venezuela to Brazil, though they don't explain how.
Police believe Camacho bought some of the gold from Toñito and his family, though none of them are official suspects.
Bank records show a company owned by his sister Lilia and her husband Sousa & Fernandez Representações received $213,000 from Camacho’s company, MC Produtos de Extração Mineral.
Police say the company supplied 1.2 tons of gold, worth close to $30 million, to a metals trader.
VR Score
79
Informative language
76
Neutral language
62
Article tone
semi-formal
Language
English
Language complexity
55
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
3
Source diversity
3
Affiliate links
no affiliate links