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flag Brazilian banker Daniel Vorcaro arrested March 4, 2026, in probe into collapsed Banco Master.

flag Brazilian businessman Daniel Vorcaro, owner of Banco Master, was detained on March 4, 2026, in a new phase of a federal investigation into the collapsed bank. flag The arrest follows his November 2025 detention over alleged fraudulent credit securities, after which he was released under electronic monitoring. flag Authorities executed multiple warrants in São Paulo and Minas Gerais, targeting potential crimes including corruption, money laundering, threats, and computer system intrusion linked to a criminal organization. flag Former central bank director Paulo Sergio Neves de Souza was also targeted in the operation. flag Banco Master, which held less than 1% of Brazil’s banking assets, was liquidated in November amid a liquidity crisis and regulatory violations. flag The central bank and involved individuals did not comment.

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