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Ex-Banker Fixing Americanas' $5 Billion Fraud Aims For 'Equally Distributed' Pain

(Bloomberg) In a conference room of the run-down headquarters of Brazilian retailer Americanas SA, Camille Loyo Faria agrees that the office has seen better days.Most Read from BloombergBiden’s Gains Against Trump Vanish on Deep Economic Pessimism, Poll ShowsMalaysia in Talks With Tycoons on Casino to Revive $100 Billion Forest CityZuckerberg Asks for Patience as Meta’s AI Push Spooks InvestorsMeta’s Miss Sparks Fears in Tech With More Earnings AheadTaylor Swift Is Proof That How We Critique

Lemann Says He's Trying to Save Americanas After $5 Billion Fraud

Lemann Says He's Trying to Save Americanas After $5 Billion Fraud

(Bloomberg) Jorge Paulo Lemann, the billionaire Brazilian dealmaker, said that together with his long-time partners, he’s trying to save retailer Americanas SA after a massive $5 billion fraud pushed it into bankruptcy protection. Most Read from BloombergSaudis Scale Back Ambition for $1.5 Trillion Desert Project NeomRBC Fires CFO Ahn After Probe Into Personal RelationshipTrumpism Is Emptying ChurchesTurkey Joins NATO Allies in Suspending Europe Arms TreatyMark Zuckerberg’s Wealth Exceeds Elo

Jorge Paulo Lemann Says Trying to Save Americanas After $5 Billion Fraud

The 10 Richest People In Latin America 2024

The region’s richest billionaires include a telecom tycoon, a mining magnate and a cofounder of Facebook.