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Ponzi Suspect's 17 Accounts Raise Questions Over Bank Safeguards

  • New accounts opened after Feds seized gold bars, Lamborghini
  • As one bank got wary, $1.8 million sent to Citibank, U.S. says
relates to Ponzi Suspect's 17 Accounts Raise Questions Over Bank Safeguards
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The U.S. requires banks to know their customers. Looks like several big ones, including Citigroup Inc., JPMorgan Chase & Co. and Wells Fargo & Co., may have missed getting acquainted with Daniel Fernandes Rojo Filho.

Filho, a 48-year-old Brazilian self-proclaimed billionaire living in Orlando, Florida, came under U.S. investigation in 2009 related to an alleged conspiracy involving drug trafficking, money laundering and a Ponzi scheme. Around then, he and others under the federal probe forfeited tens of millions of dollars worth of Lamborghinis, gold bars and other assets, according to court documents. He agreed in 2013 to forfeit another $25 million in accounts registered to his children and businesses.