Arrest of ‘Big Fish’ Odebrecht Ups the Stakes in Petrobras Probe

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In arresting Marcelo Odebrecht, Brazilian federal prosecutors have netted themselves a whale.

Odebrecht’s journey from heir and leader of one of Brazil’s largest family business empires and most influential companies to a jail cell in Curitiba is an economy-shaking development in the unfolding Petrobras bribery scandal that suddenly shows no signs of abating.