SAO PAULO (Reuters) - Brazilian police said on Saturday that they had broken up a bank robbery scheme that had diverted 73 million reais ($31 million) from a lottery run by state-owned lender Caixa Econômica Federal.
The operation, which spanned three states, was the largest fraud in Caixa Econômica's history, according to a statement from the federal police. The statement said 70 percent of the stolen funds had been recovered.
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