Truck Full of CFA Exams Hijacked in Rio Crime Wave

  • Tests of 140 candidates stolen with little chance of recovery
  • Crime has been on the rise in Rio after World Cup and Olympics
The Christ the Redeemer statue, top left, looks out over Guanabara Bay in this aerial photo taken in Rio de Janeiro.

Photographer: Dado Galdieri/Bloomberg

Lock
This article is for subscribers only.

There’s bad news for those who took CFA tests last weekend in Rio de Janeiro to become financial analysts.

A truck carrying their exams was hijacked and all the cargo was stolen on Monday, the Brazilian branch of the CFA Institute said in a document obtained by Bloomberg, adding that chances of recovering the material are slim. The robbery affected 140 candidates who paid about $1,000 for the test, Mauro Miranda, the president of CFA Society Brazil, said in an interview.