Cesar Boaventura used online casinos to launder money he received from scams with various businessmen or from commissions of intermediary gamblers. It earned over €3.2 million from 2016 to 2021, with an IRS tax benefit of over €1.2 million.
In the indictment of Operation Malapata, which cm After consultation, the Department of Justice reveals that Boaventura had “a player account with 14 organizations.” Until December 15, 2021, he contributed 1.2 million euros and raised almost 508 thousand euros. In 2022, he invested €82,000 and raised €2.06. For the MP, these movements served to “spread the amounts by giving the false appearance that they were funds derived from online gambling.”
Boaventura, who has been under house arrest since the end of 2021, is charged with 10 crimes: five qualifying frauds; three for forgery; one of the qualified tax frauds; and one on money laundering.
Author: Joao Moniz
Source: CM Jornal
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