Brazil: Major Fraud Scandal Involves Big Alcohol Owners

Posted January 27 2023 AB InBev, Big Alcohol, BigAlcoholExposed, Corporate Consumption Complex, Evidence, News, Sabotage

Brazilian retail company Americanas has filed for bankruptcy protection. The company, which operates a chain of department stores and an e-commerce platform, has been struggling financially due to a combination of factors, including the COVID-19 pandemic and an economic recession in Brazil. The filing will allow the company to restructure its debt and potentially avoid liquidation. The company has also announced a plan to close some of its stores.

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