Police carry out operation against money laundering of gang that stole jewelry and gold and block R$ 374 million in SP

In total, 31 search and seizure warrants were executed. The operation also involves the interdiction of a company and the seizure of a property.

According to investigations by the State Department of Criminal Investigations (Deic), the criminal organization operated on three fronts: one responsible for robberies and thefts, another for receiving and selling jewelry and gold and a third dedicated to laundering money obtained from crimes.

One of the companies investigated handled more than R$356 million, according to the Civil Police. The suspicion is that it was used to move resources of criminal origin and reinsert them into the formal economy.

The analysis of cell phones, computers, accounting documents and Financial Intelligence Reports (RIFs) revealed evidence of the use of shell companies, interposed people, corporate changes and money transfers between individuals and legal entities to hide the origin of the resources.

In this third phase, investigators focus their efforts on identifying those responsible for the organization's financial core, who would be responsible for hiding and moving illegally obtained amounts.

Operation Ouro Reverso began in May 2025. According to the Civil Police, the objective of this new stage is to reach the assets of the criminal organization and prevent the profits from crimes from being transformed into apparently legal assets and resources.

The action is led by Deic's 3rd Financial and Economic Fraud Investigation Department and mobilizes 62 civil police officers, as well as auditors from the State Revenue, Municipal Treasury and evaluators from Caixa Econômica Federal.