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Police Arrest Two Suspects in R$ 900k Investment Fraud

Police arrest two men accused of defrauding victims through fake tire investment schemes, causing R$ 900k in losses.

Nov 6, 2026

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Police Arrest Two Suspects in R$ 900k Investment Fraud

Police arrest two men accused of defrauding victims through fake tire investment schemes, causing R$ 900k in losses.

In brief

Police arrest two men accused of defrauding victims through fake tire investment schemes, causing R$ 900k in losses. Police in Rio Grande do Norte arrested two suspects for a fake investment scam that cost victims R$ 900,000. Originally reported by G1.

Police arrest two suspects

Police in Rio Grande do Norte arrested two men for a fake investment scam that cost victims R$ 900,000.

Operation Hermes launched

The police operation 'Hermes' executed search warrants in Natal and Sao Goncalo do Amarante on November 6, 2026.

Scam involved fake tire investments

Scam involved fake tire investments

Suspects offered investment opportunities in tire buying and resale with promised financial returns.

Victims lost R$ 900k

One victim reported a loss of approximately R$ 900,000 through bank transfers, Pix, and credit cards.

Money moved through payment account

The scheme used a payment account to move over R$ 1.5 million in transactions over eight months.

Suspects used new funds for old victims

Part of the money from new investors was used to pay previous victims.

Suspects face charges

The men are charged with fraud in continuation and are awaiting trial after being sent to prison.

The bottom line

Police in Rio Grande do Norte arrested two suspects for a fake investment scam that cost victims R$ 900,000.

Read the original on G1

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