Brazilian Money Laundering Sanctions

Treasury’s Office of Foreign Assets Control (OFAC) designated Diego Macedo Gonçalves do Carmo (Gonçalves), a member of Primeiro Comando da Capital (PCC), a Brazil-based criminal organization sanctioned pursuant to counter narcotics authorities. The PCC is the most notorious organized crime group in Brazil and among the largest in Latin America, and Gonçalves is a key operative responsible for laundering hundreds of millions of dollars for the organization.

“With an extensive network throughout Latin America, as well as an expanding global presence, the PCC represents one of the most significant narcotics trafficking organizations of concern in the region,” said Under Secretary of the Treasury for Terrorism and Financial Intelligence Brian E. Nelson. “The United States will continue to stand with Brazil and other partners in the region in our efforts to counter the PCC’s ability to operate, including its ability to launder illicit funds through the global financial system.”