List found at Adilsinho’s home names 61 politicians in Rio de Janeiro and points to campaign payments tied to jogo do bicho

Brazil’s Federal Police say handwritten spreadsheets seized at the home of Adilsinho, the alleged bookmaker Adilson Oliveira Coutinho Filho, may show candidates in the 2022 elections were financed with money linked to jogo do bicho. For high-risk payments people, the interesting part is not the politics; it is the alleged flow: campaign print shops, public election funds, and third-party settlement through a criminal group.

1. The documents were first seized during Operation Smoke Free in 2022 and gained new weight in the fifth phase of Operation Unha e Carne, carried out this month. Based on the spreadsheets, the Federal Police began examining the relationship between electoral campaign print shops and the group led by Adilsinho.
2. The Federal Police say six print companies were used to run the alleged campaign-financing scheme: Gráfica Editora Completa, Nova Visual Representações Gráficas, INC Indústrias Gráficas e Editora, Apel Gráfica e Editora, Fast Gráfica e Editora, and Paper Color Gráfica e Editora. The suspicion is simple enough to follow: candidates ordered campaign materials, but the payment came from the grupo linked to jogo do bicho rather than from the politicians themselves.
3. The main company under scrutiny is Gráfica Editora Completa. According to the investigation, during the 2022 elections it served 73 candidates and moved R$ 1.488.019,65, almost entirely from public election funds. The document cited by the police says: “During the 2022 electoral period, the referred printing company served 73 candidates and moved R$ 1.488.019,65, sourced almost entirely from public electoral funds.”
4. The companies were searched in the fifth phase of Operation Unha e Carne. Four of them had already been investigated by the Federal Police in 2022, during Operation Smoke Free, when the arrest of Adilsinho was ordered. Investigators also say Adilsinho and people close to him maintained an intense financial relationship with the owners of those companies.
5. One company attributed by the Federal Police to Adilsinho, Companhia Sulamericana de Tabacos, made 47 transfers to Apel Gráfica, totaling R$ 1,8 million, according to financial reports reviewed by investigators. Bernardo Coutinho Loyola, Adilsinho’s nephew, also received R$ 300 mil from the same company.

The key operational detail is the list found on Adilsinho’s bedside table: 61 candidates who ran in the 2022 elections, with amounts and notes marking two payment modes, “em espécie” and “no banco.” The total recorded on those pages exceeds R$ 20 million. For PSPs and acquirers, that is the kind of paper trail that can turn a “normal” campaign-printing relationship into a funding-source investigation very quickly.