Operation Grand Prix conducts raids at the Rio de Janeiro Jockey Club.
The elite club has documents seized by the Federal Police; the Spanish multinational Codere and the Jockey Club's board of directors are suspected of money laundering and fraud by the Federal Revenue Service; the Rio de Janeiro entity will officially speak about the case today.
Rio Agency - The Federal Police launched Operation Grande Prêmio this Wednesday (11). The objective is to execute three search and seizure warrants at the Jockey Club do Brasil and at the company Codere do Brasil Entretenimento Ltda, both in Rio de Janeiro.
The operation involves tax inspectors from the Federal Revenue Service and aims to collect documentation proving the commission of the crimes of tax evasion, currency evasion, and money laundering.
Codere is a horse racing betting agency based in Spain, with an office on Rua do Rosário in downtown Rio de Janeiro, but it also operates in other countries such as Italy, Panama, Mexico, Argentina, Colombia, and Uruguay.
The Jockey Club of Rio, through its press office, informed that its employees have already delivered all the documentation requested by the Federal Police and that it will make an official statement this Wednesday afternoon.