Banco Master Owner Arrested for Allegedly Obstructing Probe

The Banco Master headquarters in Sao Paulo, Brazil.
Photographer: Victor Moriyama/Bloomberg

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By Rachel Gamarski, Daniel Carvalho, and Matheus Piovesana

March 4, 2026 at 11:23 AM UTC

Updated on

March 4, 2026 at 8:42 PM UTC

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Brazil Supreme Court Justice André Mendonça ordered the arrest of Banco Master SA owner Daniel Vorcaro, citing the risk that he would meddle in investigations into the failed lender and evidence that Vorcaro threatened one of his employees as well as a journalist.