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Brazil police raids target Vorcaro in Banco Master probe, say sources

Brazil police raids target Vorcaro in Banco Master probe, say sources

101 finance101 finance2026/01/14 10:51
By:101 finance

BRASILIA, Jan 14 (Reuters) - Brazil's federal police ​on Wednesday ‌served search and seizure ‌warrants against businessman Daniel Vorcaro, Banco Master's controlling shareholder, as ⁠part ‌of a probe into the lender, ‍sources familiar with the matter told Reuters.

The ​Brazilian central bank ‌ordered Master's liquidation in November on the same day federal police arrested Vorcaro ⁠in a ​probe over ​fraudulent credit securities. He was later ‍released ⁠with an ankle monitor.

(Reporting by Ricardo ⁠Brito; Writing by Isabel ‌Teles; Editing by ‌Gabriel Araujo)

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