# Report launch: Transparency International finds thousands of São Paulo properties are secretly owned URL: https://www.transparency.org/en/press/report-launch-transparency-international-finds-thousands-of-saeo-paulo-prop Type: Press release Published: 2017-04-06 Updated: 2020-04-07 --- 06 April 2017 **A new investigation finds billions of dollars worth of property in South America’s biggest city linked to secrecy jurisdictions** Transparency International will launch a new report on 10 April, following a year-long investigation into property ownership in São Paulo. It shows that billions of dollars’ worth of property is linked to secrecy jurisdictions making it impossible to find out who is the real beneficial owner. This is a red flag for money laundering. The report identifies the properties in key locations and companies involved. It uses data that was publicly released for the first time at Transparency International’s request. **São Paolo: Does corruption live next door?** 10 April 2017 06:00am Berlin time (01:00am São Paolo time) Available online at [http://www.transparency.org](http://www.transparency.org/) **Embargo copies** of the report and press release are available on request from *.* **For any press enquiries please contact** **In Berlin:** Tel: +49 30 34 38 20 666 press@transparency.org **In São Paulo** Flávia Tavares E: flavia@cdicom.com.br T: +55 11 3817 7914 Cláudia Santos E: claudia@cdicom.com.br T: +55 11 3817 7925