Brazilian Federal Police have frozen 670 million reais in assets at Digimais, the digital lender owned by billionaire evangelical bishop Edir Macedo, as part of an investigation into alleged accounting fraud.
The raid marks a significant escalation in the probe, moving from preliminary scrutiny to direct enforcement action against the institution's finances.
The freeze of nearly 700 million reais underscores the severity of the allegations and raises immediate questions about the bank's liquidity and operational continuity.
The operation intensifies pressure on Digimais, which has been under investigation for months.
The freeze of nearly 700 million reais underscores the severity of the allegations and raises immediate questions about the bank's liquidity and operational continuity.
For investors and creditors, the move signals that regulatory and law enforcement authorities are no longer content with passive oversight.
The development follows a sharp deterioration in Digimais's credit profile.