Analyzed statement

What Sérgio Moro said about combat money laundering

About: combat money laundering

Sérgio Moro: I have argued that we are experiencing an uncontrolled expansion of online betting, the so-called bets, which have driven many individuals and families to ruin, mainly, in my view, because of aggressive advertising that has led people to gamble uncontrollably and to place these bets without the necessary care for their own finances.

Sérgio Moro: Until the problem of bets is properly addressed, including through their complete suppression or by imposing very strict restrictions on advertising related to them, it is not appropriate to take a further step and legalize these other forms of gambling.

Moreover, we have, unfortunately, seen a growth in organized crime in the country, often also associated with money laundering.

Sérgio Moro · 1:13

Sérgio Moro: And we know that the gambling sector is highly vulnerable to this type of practice.

Sérgio Moro: So, we also need to improve controls over the financial movements resulting from gambling before we take a step forward.

Why it was classified this way · 80% confidence

Reports an increase in organized crime associated with money laundering.

Excerpt from a public video, transcribed and classified by AI. See the Methodology