Today: January 14, 2026
January 14, 2026
1 min read

Federal Police carries out new operation against Banco Master

Federal Police carries out new operation against Banco Master

This Wednesday morning (14), the Federal Police carried out the second phase of Operation Compliance Zero to once again investigate the Banco Master of businessman Daniel Vorcaro. Federal Police carries out new operation against Banco Master

Authorities are investigating criminal organization crimes, fraudulent management of a financial institution, market manipulation and money laundering.

In total, 42 search and seizure warrants, issued by the Federal Supreme Court (STF), are being executed in São Paulo, Bahia, Minas Gerais, Rio Grande do Sul and Rio de Janeiro.

There are also measures to sequester and block assets and values ​​that exceed R$5.7 billion.

The operation aims to interrupt the activities of the criminal organization, in addition to recovering assets.

>> Read more about Operation Compliance Zero at Brazil Agency

Understand

In November, the former president of BRB and Daniel Vorcaro were targets of Operation Compliance Zero, which investigates the granting of false credits. Fraud can reach R$17 billion in forged securities.

In March 2025, the BRB announced the intention to buy Master for R$2 billion, but the Central Bank (BC) rejected the negotiation. In November, it was bankruptcy of the institution declared from Vorcaro.

>> Read more about Banco Master at Brazil Agency

Source link

Latest Posts

They celebrated "Buenos Aires Coffee Day" with a tour of historic bars - Télam
Cum at clita latine. Tation nominavi quo id. An est possit adipiscing, error tation qualisque vel te.

Categories

Yasek Manzano at César Jazz Club
Previous Story

Yasek Manzano at César Jazz Club

Union and Change asks Trump to allocate funds from Venezuela to health and education
Next Story

Union and Change asks Trump to allocate funds from Venezuela to health and education

Latest from Blog

Go toTop