BANCO MASTER
Master CEO arrested again
Demonstrators set fire to a photo of Daniel Vorcaro during a protest in front of Banco Master’s São Paulo headquarters. Photo: Amanda Perobelli/Reuters/Folhapress
The tale of the Banco Master scandal took another twist this morning, as Federal Police arrested chief executive Daniel Vorcaro, his brother-in-law, Fabiano Zettel, and two other suspects.
Five other people, meanwhile, faced measures such as ankle monitors, passport surrenders and no-contact orders. Five companies linked to the Master case had their activities suspended indefinitely.
In a 48-page ruling, Supreme Court Justice André Mendonça, who recently took over the rapportership of the Master investigation, mentions…
🔒 This was a free preview; the rest is behind our paywall
Don’t miss out! Upgrade to unlock full access. The process takes only seconds with Apple Pay or Stripe. Become a member.
Why you should subscribe
We’re here for readers who want to truly understand Brazil and Latin America — a region too often ignored or misrepresented by the international media.
Since 2017, our reporting has been powered by paid subscribers. They’re the reason we can keep a full-time team of journalists across Brazil and Argentina, delivering sharp, independent coverage every day.
If you value our work, subscribing is the best way to keep it going — and growing.
Interested in advertising with us? Get in touch.
Need a special report? We can do it.
Have an idea for an article or column? Pitch us
