GE’s Latin America CEO Arrested in Brazil Healthcare Fraud Probe
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General Electric Co.’s chief executive officer for Latin America was arrested in Brazil as part of a corruption probe into an alleged health-care cartel that operated for more than two decades.
Daurio Speranzini Jr. was served an arrest warrant in a sweep early Wednesday in Rio de Janeiro along with eight other people. Police are allowed to hold him for five days. Thirteen so-called preventative arrest warrants, which have no set time for release, and 44 search warrants were also issued, Brazil’s Federal Police said in a statement.