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Brazilian energy entrepreneur Batista, six others charged with market manipulation

By Caio Rinaldi ( March 10, 2021, 20:46 GMT | Insight) -- Brazilian federal prosecutors have filed charges against seven individuals, including Brazilian mining and oil entrepreneur Eike Batista, for market manipulation and unauthorized use of a financial institution. According to the prosecutors who filed the charges, Batista created the market manipulation scheme to inflate the prices of his own assets that would later be negotiated.Brazilian federal prosecutors have filed charges against seven individuals, including Brazilian mining and oil entrepreneur Eike Batista, for market manipulation and unauthorized use of a financial institution. ...

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