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The Talented Mr. Youssef, Brazil’s Black-Market Central Banker

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He was known to authorities as Brazil’s black-market central banker, a career criminal who smuggled cash for the rich and powerful by private jet and armored car.

Now Alberto Youssef -- a rum-runner turned money-launderer turned reputed billionaire -- has emerged as a principal player in the biggest corruption scandal Brazil has ever seen. He’s told prosecutors how he spirited hundreds of millions of dollars through Brazil and beyond as part of a kickback scheme involving state-controlled oil company Petroleo Brasileiro SA, the nation’s biggest builders and top politicians.