Post by account_disabled on Mar 6, 2024 6:38:09 GMT -2
An investor asked the Federal Police to investigate the board of directors of BTG Pactual for fraudulent management of a financial institution and for misleading the courts in the process in which it suspended the payment of Bank Deposit Certificates CDBs in favor of investors from Banco Panamericano which now belongs to BTG.
BTG whose CEO is the former director of Febraban André Esteves stated in court that the profitability rates of and charged on the CDBs of Panamericano investors were abusive stating that the operations were fraudulent. As a result the millionaire payments were suspended. Investor Adalberto Salgado Júnior however claims that this was an artificial maneuver so that the bank would not fulfill an obligation assumed when it invested around R$00 million.
In a document filed on April th by the Federal Police BTC Number Data Salgado Júnior presents a Securities Trading Note issued by BTG itself in his name on March th in which the profitability rate of a CDB is . In other words what was classified as fraudulent in operations carried out with Panamericano is naturally accepted in operations conducted by BTG Pactual itself.
With the new evidence says the document signed by lawyer Roberto Podval it is demonstrated that the “current management of Banco Panamericano was fully aware of the legality of the rates conferred so much so that they had already practiced them with [ Salgado Júnior ] himself”.
The document addressed to the general inspector of the Regional Superintendence of the Federal Police in São Paulo states that there was no fraud in Panamericano and BTG “using arguments that they knew to be distorted and untrue” misled the Judiciary.
With this the investor presents the crime news and requests the opening of a police investigation to investigate the crimes of fraudulent management of a financial institution the penalty for which is imprisonment from three to years and a fine; and “artificially innovating while civil or administrative proceedings are pending the state of place thing or person with the aim of misleading the judge or expert” provided for in article of the Penal Code.
BTG whose CEO is the former director of Febraban André Esteves stated in court that the profitability rates of and charged on the CDBs of Panamericano investors were abusive stating that the operations were fraudulent. As a result the millionaire payments were suspended. Investor Adalberto Salgado Júnior however claims that this was an artificial maneuver so that the bank would not fulfill an obligation assumed when it invested around R$00 million.
In a document filed on April th by the Federal Police BTC Number Data Salgado Júnior presents a Securities Trading Note issued by BTG itself in his name on March th in which the profitability rate of a CDB is . In other words what was classified as fraudulent in operations carried out with Panamericano is naturally accepted in operations conducted by BTG Pactual itself.
With the new evidence says the document signed by lawyer Roberto Podval it is demonstrated that the “current management of Banco Panamericano was fully aware of the legality of the rates conferred so much so that they had already practiced them with [ Salgado Júnior ] himself”.
The document addressed to the general inspector of the Regional Superintendence of the Federal Police in São Paulo states that there was no fraud in Panamericano and BTG “using arguments that they knew to be distorted and untrue” misled the Judiciary.
With this the investor presents the crime news and requests the opening of a police investigation to investigate the crimes of fraudulent management of a financial institution the penalty for which is imprisonment from three to years and a fine; and “artificially innovating while civil or administrative proceedings are pending the state of place thing or person with the aim of misleading the judge or expert” provided for in article of the Penal Code.