Banco Master is under inquiry regarding financial crimes and money laundering, involving former controlling shareholder Daniel Vorcaro.
Steady: 0 in the last 7 days
Updated sep 28
The latest in this situation
- Inquiry into Banco Master's collapse specifically targets its dealings with a government lender.
- Sidney transferred funds to a firm linked to Daniel Vorcaro.
- Investigation into suspected economic fraud and movie funding linked to Banco Master's failure.
- Banco Master is under inquiry regarding financial crimes and money laundering, involving former controlling shareholder Daniel Vorcaro.
How it started
AI-generated analysis. Brind wrote this summary from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.
What happened
Banco Master is under inquiry regarding financial crimes and money laundering, involving former controlling shareholder Daniel Vorcaro.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.Inquiry into Banco Master's collapse specifically targets its dealings with a government lender.1 source
- Sidney transferred funds to a firm linked to Daniel Vorcaro.Sub-event
Banco Master faces money laundering inquiry; separate news reports film about Jair Bolsonaro.1 source
Investigation into suspected economic fraud and movie funding linked to Banco Master's failure.1 source
Keep exploring
The entities involved
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Banco Master
Brazilian financial institution
Nothing else this week.
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Daniel Vorcaro
Brazilian banker and economist
- Flavio Bolsonaro, the son of Jair Bolsonaro, is running for president in Brazil and is facing political challenges, including attacks on Alexandre de Moraes's legitimacy.
- Brazilian political tensions escalate as Lula and Bolsonaro compete in elections amid corruption allegations involving Vorcaro and US State Dept rejection of accusations.
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Jair Bolsonaro
38th President of the Federative Republic of Brazil (2019–2023)
Related events
- Reports were sent to the Supreme Court detailing Ibaneis Rocha's direct interference in Banco Master's decisions.
- An investigation into a suspected fraud scheme at Banco Master is underway, involving the bank's failure and the oversight of Supreme Court justices.
- Police traced film money linked to the Bolsonaro family.
- Flávio Bolsonaro is seeking renewed hope for a presidential bid and allegedly received $12 million from Daniel Vorcaro.
- Flávio Bolsonaro is seeking $24 million from a bank owner for a film project involving Hollywood talent and focused on his father, Jair Bolsonaro.