Brazil police raids target Vorcaro in Banco Master probe, say sources
- - Brazil police raids target Vorcaro in Banco Master probe, say sources
ReutersJanuary 14, 2026 at 5:43 AM
0
A security guard stands outside Bank Master (Banco Master), following the arrest of the controlling shareholder of lender Banco Master, businessman Daniel Vorcaro, in Sao Paulo, Brazil, November 18, 2025. REUTERS/ Amanda Perobelli
BRASILIA, Jan 14 (Reuters) - Brazil's federal police on Wednesday served search and seizure warrants against businessman Daniel Vorcaro, Banco Master's controlling shareholder, as part of a probe into the lender, sources familiar with the matter told Reuters.
The Brazilian central bank ordered Master's liquidation in November on the same day federal police arrested Vorcaro in a probe over fraudulent credit securities. He was later released with an ankle monitor.
(Reporting by Ricardo Brito; Writing by Isabel Teles; Editing by Gabriel Araujo)
Source: “AOL Breaking”
