Two partners and one director of the company Fastshop, involved in a diversion of public funds through ICMS credits, closed agreement with non -criminal prosecution with the São Paulo Public Prosecutor (MPSP).
According to the prosecutor’s note, The agreement provides that the company will pay $ 100 million to CRIMINAL PECUNIARY PROVISION TITLE besides the return of the values diverteds.
The MP also states that “The investigated people responsible for the company are committed to implementing rigorous ‘compliance’ program and adopting new business practicesexpressing concern of the business entity in the maintenance of its activity and the jobs generated by it. “
Operation Icarus, launched in August, revealed that the entrepreneurs paid the tax auditors of the state farm Paulista to facilitate the reimbursement of ICMS credits next to SEFAZ-SP. All contributing retailers are entitled to compensation, but the procedure is complex and has long deadlines.
According to the MPSP, the company paid Smart Tax, the taxpayer of the inspectors involved, the amount over R $ 422 million, between December 2021 and July 2025. The “investment” had a return of R $ 1.5 billion through ICMS reimbursement credits. Fastshop director was arrested.
Through communications, the fast shop at the time, which is fully collaborating with the authorities.
