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Brazilian Prison System Officials Caught in $22.4 Million Bitcoin Fraud

Retrieved on: 2018-03-15 12:19:04

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<div>Authorities in Rio de Janeiro recently uncovered a money laundering scheme in which state officials misstate the budget spent on food for state-run prisons. <b>Bitcoin</b> was reportedly used to exchange some of the scheme's proceeds, which totaled roughly $22.4 million.</div>

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