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Brazil Supreme Court Orders Re-Arrest of Banco Master Owner Daniel Vorcaro as Probe Intensifies

ai The Vault unverified 2026-03-06 18:12:50 Source: Unknown source

Brazil's Supreme Court Justice André Mendonça has ordered the arrest of Daniel Vorcaro, owner of Banco Master SA. The arrest warrant was issued due to concerns that Vorcaro would interfere with ongoing investigations into the bank's failure. The court cited specific evidence, including that Vorcaro had threatened one of his own employees as well as a journalist. This legal action highlights the serious nature of the probe into Banco Master's collapse and the alleged attempts to obstruct justice by its principal owner. The case underscores the judicial scrutiny facing the financial sector in Brazil.