Corinthians is at the center of a money laundering scandal involving a US-sanctioned company. The Victory Trading, a company owned by Victor Shimada, was sanctioned by the US Department of the Treasury for having ties to the Primeiro Comando da Capital (PCC).

What happened?

The company was used as an intermediary to launder illicit PCC money, which was obtained through a fraud and corruption scheme. The case came to light after the testimony of Vinícius Gritzbach, who was murdered in November 2024.

Why is this important for Corinthians?

The club is currently in 13th place in Serie A, with 47 points, and recently beat São Paulo 3-2 on May 10, 2026. However, this investigation could have severe consequences for the club, which is already 32 points behind leader Flamengo.

What comes next?

The investigation is ongoing, and the Federal Police (PF) and international agencies are working together to unravel the money laundering scheme. Corinthians' next game will be against Internacional on August 2, 2026, and the club needs to focus on improving its performance in Serie A, which currently has 42 goals scored and 47 conceded, with a goal difference of -5.