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Daniel Vorcaro to testify in Banco Master fraud investigation
Banker Daniel Vorcaro, former owner of Banco Master, is scheduled to testify to the Federal Police via videoconference this Thursday. The investigation, known as 'Caso Master', examines alleged financial fraud, corruption, and money laundering. Investigators are specifically looking into whether Vorcaro attempted to influence the Central Bank's decision to liquidate Banco Master in November 2025 by recruiting former Central Bank directors as consultants.
Vorcaro remains in preventive detention and has had previous plea bargain attempts rejected by the Federal Police and the PGR for lacking sufficient evidence. His defense recently underwent changes, hiring criminal lawyer Daniel Bialski to work alongside Sérgio Leonardo.
In a related development, João Carlos Mansur, former owner of Reag Investimentos, has submitted a plea bargain proposal to the PGR. Mansur's proposal includes 17 annexes of documentation and a proposed fine of R$ 40 million. Mansur aims to provide details on financial operations involving Reag funds and Banco Master, including allegations of the use of shell companies and offshore structures to hide the bank's true financial state. Mansur has denied any connection to the criminal organization PCC.
Entities
ACM Neto · Banco Central do Brasil · Banco Master · Daniel Vorcaro · João Carlos Mansur · Procuradoria-Geral da República · Reag Investimentos
Claims
What the coverage asserts, and how many sources carry each claim.
- [● 3 SOURCES] João Carlos Mansur submitted a plea bargain proposal to the PGR with 17 annexes regarding financial crimes. www.bombeirosdf.com.br · sbtnews.sbt.com.br · jovempan.com.br
- [● 4 SOURCES] The Federal Police rejected two previous plea bargain proposals from Daniel Vorcaro's defense. www.brasilemfolhas.com.br · www.juruaemtempo.com.br · www.agoramt.com.br · www.osul.com.br
- [○ 1 SOURCE] Politician ACM Neto reportedly gained approximately R$ 4 million through an exclusive fund linked to Banco Master assets. www.brasil247.com
- [○ 1 SOURCE] João Carlos Mansur denies any involvement with the criminal faction PCC. sbtnews.sbt.com.br
- [● 3 SOURCES] Investigators are looking into whether former Central Bank directors acted as consultants for Daniel Vorcaro to influence the bank's liquidation. www.brasilemfolhas.com.br · www.juruaemtempo.com.br · www.areavip.com.br
- [● 2 SOURCES] The Central Bank of Brazil decreed the extrajudicial liquidation of Banco Master in November 2025. www.brasilemfolhas.com.br · www.juruaemtempo.com.br
- [● 5 SOURCES] Daniel Vorcaro is scheduled to testify to the Federal Police via videoconference on Thursday at 10:00 AM. www.brasilemfolhas.com.br · www.juruaemtempo.com.br · www.agoramt.com.br · www.areavip.com.br · www.osul.com.br
- [○ 1 SOURCE] Mansur's proposal includes a fine payment of R$ 40 million. www.bombeirosdf.com.br