Nature-based Carbon > Forestry > Brazilian prosecutors urge probe into alleged illegal carbon credit scheme amid accusations of billions in banking fraud –media

Brazilian prosecutors urge probe into alleged illegal carbon credit scheme amid accusations of billions in banking fraud –media

Published 16:39 on January 22, 2026 / Last updated at 16:39 on January 22, 2026 / / Americas (LATAM & Caribbean), Nature-based Carbon (Forestry), Voluntary (VCM Developments, VCM Governance)

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Brazilian prosecutors have called for a probe into what would be one of the country's biggest banking scandals, allegedly involving R$45.5 billion ($8.6 bln) in fraudulent carbon credits generated in the Amazon as part of an illegal scheme, local media has reported.
Brazilian prosecutors have called for a probe into what would be one of the country's biggest banking scandals, allegedly involving R$45.5 billion ($8.6 bln) in fraudulent carbon credits generated in the Amazon as part of an illegal scheme, local media has reported.


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