US EditionCentral Bank Decrees Extrajudicial Settlement of the Bank Master
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9 Articles
Vorcaro was arrested on Tuesday night at the airport of Guarulhos, in São Paulo, when he was trying to get out of the country on a private plane, only a few hours after he had announced the sale of the Bank Master to a consortium led by the Brazilian group Fictor Holding Finance. The banker was arrested in an operation by the Federal Police against the issue of credit titles false by financial institutions that integrate the National Financial S…
Daniel Vorcaro had important friends in Bras lai, people are tired of reading and listening for months, but still now, when the future ex-donor of the Bank Master is in jail. Fazia lobbyy, events, dinners, like almost any entrepreneur, let's say that n goes to capital. Read more (1/18/2025
Daniel Vorcaro, owner of Banco Master, was arrested by the Federal Police on Monday (November 17, 2025) while trying to leave Brazil. The 42-year-old businessman from Minas Gerais was the target of an operation aimed at combating the issuance of fake credit instruments by financial institutions. On the same day, the Central Bank decreed the liquidation of Master. Vorcaro built a public image as an outsider to the traditional financial market. He…
The Central Bank (BC) ordered, on Wednesday, 18 the liquidation of the Master Bank, ordered by Daniel Vorcaro. The announcement ended any opportunity to sell the institution and came less than 24 hours after the Fictor Group showed interest in acquiring the bank, which had approximately R$ 58 billion in Bank Deposit Certificates (CDBs) issued until March. Also on this Wednesday, the Federal Police took Vorcaro during an operation investigating c…
The Central Bank officialed, through communication, the extra-judicial settlement of the Master Corretor of Exchange, Titles and Real Estate Values. The document is placed as an extra-judicial liquidator, with “large administrative powers and representation of the company”, the company EFB Special Rules of Companies; and, as technical officer, Eduardo Felix Bianchini. Related News: Daniel Vorcaro, owner of the Bank Master, is imprisoned by PF in…
The Federal Police took on this Wednesday (18) the owner of the Bank Master, Daniel Vorcaro, in an operation to investigate suspected crimes involving the sale of the Master Bank to the BRB. In addition, the Central Bank also ordered the extrajudicial liquidation of the Bank Master, less than one day after the Group Fictor had indicated interest in buying the institution. The operation performs five preventive prison orders, two temporary prison…
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