[2] In July 2016, Wesley Batista became a suspect in the investigations of Operation Car Wash.
[4] In return for their cooperation, the Brazilian Federal Police set Batista, his brother and other directors of JBS S.A. free of charges, with a fine of R$225 million.
The release of the recordings caused a sharp drop in the stock price of JBS S.A. shares and in the value in the Brazilian Real.
The Brazilian Securities Commission ("CVM") is investigating the Batista brothers for insider trading.
[citation needed] Batista is married, with three children, and lives in São Paulo, Brazil.