Brazilian prosecutors allege Carlos Costa, a co-founder of the now-defunct TelexFree Brazil, funneled investor money to purchase ten apartments in Florida. The properties, located within The Beverly Condominium Association Inc., were allegedly acquired through Costa’s daughter, Priscila, as part of a money laundering scheme.

Federal Prosecutors in Espirito Santo claim Costa moved approximately $730,000 in TelexFree funds to his daughter. Priscila Costa reportedly received deposits from her father and Nataniel Wanzeler, another TelexFree figure. These funds were then used to acquire the Florida real estate. This alleged scheme took place in 2013, during TelexFree’s peak operations.

The apartments are spread across four floors of the condominium. The first floor holds units 101, 102, and 103. Two units, 201 and 202, are on the second floor. Priscila Costa is listed as the buyer for four units on the third floor: 301, 320, 303, and 304. A single apartment, 402, on the fourth floor was also purchased by her. Three of the ten units are registered to Carlos Costa and his wife, Jozelia Sangali. The remaining properties are believed to be in Priscila's name.

The Costa family allegedly circumvented Brazilian financial regulations by not declaring these purchases to the Brazilian IRS or Central Bank. Prosecutors are pursuing legal action to recover these assets, which they claim represent foreign currency evasion and money laundering. Lyvia Wanzeler, daughter of Carlos Wanzeler, is accused of facilitating the illegal transfer of funds from Brazil to the United States, ultimately reaching the accounts of Carlos Costa’s daughter and ex-wife. Brazilian authorities have indicted numerous individuals associated with TelexFree, labeling the operation a massive Ponzi scheme.

The MPF's lawsuit seeks to reclaim the assets acquired through these alleged illicit activities.