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A man was arrested in Brazil on Thursday in connection with the killing of Brent Sikkema, a New York art dealer who was found with 18 stab wounds in his Rio de Janeiro apartment this week. The man, Alejandro Triana Trevez, knew Mr. Sikkema and was believed to have stolen cash from the scene before fleeing, said Detective Alexandre Herdy, head of the city’s police homicide unit. The police believe that Mr. Sikkema had brought over $40,000 to spend on furnishing a new apartment in Rio. “He staked out on the street,” Detective Herdy said. “He comes from São Paulo in the morning, goes straight to the place where the crime took place, to the victim’s street.

Persons: Brent Sikkema, Alejandro Triana Trevez, Sikkema, Alexandre Herdy, Herdy, “, São, Mr, Trevez Organizations: São Paulo Locations: Brazil, New York, Rio de Janeiro, Rio, Cuban, Uberaba

☆ Banco do Brasil's quarterly profit edges up on interest income
▼ + stars: | 2023-11-08 | by ( ) www.reuters.com time to read: +1 min

Banco do Brasil's adjusted net income reached 8.79 billion reais ($1.79 billion) during the period, while analysts polled by Refinitiv expected 8.98 billion reais. Loan-loss provisions were at 7.52 billion reais in the period, up 4.7% from the previous quarter and 66.4% higher than a year earlier. Part of that growth was caused by the reclassification of debt from struggling retailer Americanas (AMER3.SA), Banco do Brasil said. The bank's 90-day loan default ratio grew 0.8 percentage points compared to the previous quarter to 2.81%, still well below the delinquency level of its listed peers. The company's interest income rose 21.1% from a year earlier to 23.68 billion reais, while analysts expected 23.28 billion reais.

Persons: Leonardo Benassato, Peter Frontini, Anthony Esposito, Sandra Maler Organizations: Banco, REUTERS, SAO PAULO, Brasil SA, Americanas, Brasil, Thomson Locations: Brasil, Uberaba, Minas Gerais, Brazil

☆ With fresh firepower, brutal bank thieves blitz small-town Brazil
▼ + stars: | 2022-09-21 | by ( Gabriel Stargardter | ) www.reuters.com time to read: +6 min

Using assault rifles and explosives to turn rural towns into war zones, the specialized crews have netted an astonishing $120 million since emerging in 2015, think tank Alpha Bravo Brasil says. In a related article, Reuters tracked how laws pushed by President Jair Bolsonaro make it easier for gangsters to obtain assault rifles like those used in Uberaba. WAR ZONEAbout a week before the raid, the robbers rented an apartment near the bank to surveil their target. The thieves told them to run into the bank - no funny business or they would be shot - where they cowered as their captors worked to blow up the safe. Outside, 10 of the robbers stood with assault rifles in each hand.

☆ Bolsonaro's gun laws arm Brazil's brazen bank thieves
▼ + stars: | 2022-09-21 | by ( Gabriel Stargardter | ) www.reuters.com time to read: +10 min

In July, Reuters reported that Brazil's Federal Police disapproved of Bolsonaro's gun policies, arguing they would put more weapons in the hands of criminals. Of all the weapons now available to Brazil's gun fans, the T4 has emerged as the weapon of choice for its gangsters. A common tactic used by gangs - as seen in the case of Huijsman's T4 - is to steal weapons from CAC permit-holders' homes. On Oct. 31, 2021, Minas Gerais military police and Brazil's Federal Highway Police carried out two raids against alleged bank robbers hiding out near Varginha, killing 26 of them. Marques, the gun expert, said Huijsmans' rifle wouldn't be the last legally acquired firearm to turn up at a crime scene.

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