BRAZIL: CATTLE LINKED TO ACCUSED DRUG TRAFFICKER SOLD TO MAJOR COMPANIES

On 17 August, Insight Crime reported that João Soares Rocha, 64, (aka “Rochinha” or “Joãozinho Pé de Cobra” or “Lil’ Joe Snake Foot”) has been identified by the Brazilian police as the ringleader of an international cocaine trafficking network. He is said to have become a “narco-rancher” – a drug trafficker and a cattle breeder – active mainly in the northern state of Pará, where his family owns more than 10 rural estates. He is said to have reinvested part of the drugs profits in purchasing cattle that would later be sold to slaughterhouses – a practice said to be commonly employed to launder money, especially in cattle-rearing states.

https://insightcrime.org/news/brazil-cattle-linked-drug-trafficker-sold-to-major-companies/

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Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

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