Federal agents have arrested the owners of a Danbury , Connecticut insurance firm, accusing them of laundering nearly $10 million.
Renata Amaral and Monica Teixeira are accused of laundering the money between Brazil and the United States in black market operations.
Amaral and Teixeira are each charged with money laundering and making illegal wire transfers.
Court documents show authorities began investigating the allegations as early as last August, when an undercover IRS agent posed as a drug dealer who needed to send money to a Texas bank.
Amaral and Teixeira are to appear before a federal judge Tuesday in Bridgeport for a detention hearing to discuss the terms of their possible release while the charges are pending.
___
Information from: The News-Times
Topics Connecticut
Was this article valuable?
Here are more articles you may enjoy.
Insurance IPOs Hit 20-Year High on Wall Street 
‘Clear Soft Market Conditions’ for Commercial P/C Lines in Q3, Says CIAB 
Former Lloyd’s CEO Neal Will Not Join AIG; Hancock to Be General Insurance CEO 
GEICO Can’t Slip Out of SC Lawsuit That Says it Owes $70M in Taxes and Penalties 
