Refit, the target of Thursday’s massive operation investigating a tax fraud scheme in the fuel market, is owned by businessman Ricardo Magro. 190 search and seizure warrants were executed against targets linked to the group in São Paulo, Rio de Janeiro, Minas Gerais, Bahia, and Maranhão, as well as the Federal District.
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Magro is a former lawyer of former federal MP Eduardo Cunha. In 2016, he was arrested for embezzling pension funds, but was later acquitted. He owns a refinery in the US state of Texas and a consulting company in Portugal called Pragmaticsmos Consulturia.
He was also the target of an investigation for his involvement in an alleged corruption scheme within the National Petroleum Agency, but the complaint was dropped. According to g1, in July 2024, Refit was designated by the Public Ministry of São Paulo as one of the companies used in fuel evasion and manipulation schemes.
In 2016, Magro was investigated and arrested on suspicion of being part of a scheme to divert resources from the pension funds Petros, of Petrobras, and Postalis, of Correos, into purchasing securities from the Galileo Group. She was acquitted.