Brazil Federal Police Probe Banco Master Credit Card Bribery Scheme

Brazil's Federal Police are conducting Operation "Compliance Zero" to investigate more than 400 corporate credit cards issued by Banco Master. investigators say the cards were used to channel bribes to public officials, politicians and members of the judiciary, bypassing cash transactions. The probe focuses on former banker Daniel Vorcaro, who is alleged to have authorized the distribution of the cards, and on a R$ 140 million loan granted to a relative of Chamber president Hugo Motta. Minister André Mendonça is overseeing the case at the Supreme Court. Federal agents have seized large volumes of evidence, which are undergoing forensic analysis to trace beneficiaries, spending limits and merchants involved. The first phase of the investigation is slated to conclude by the end of June, with authorities expecting to identify additional participants in the alleged corruption network.