Brazil Widens Banco Master Probe and Diamond Heist Case as STF Sends Seized Evidence to PGR

Overview

• Federal police launched the second phase of Operation Compliance Zero with 42 searches in five states, blocked about R$5.7 billion, and briefly detained Fabiano Zettel at Guarulhos before releasing him under a no‑travel condition.
• Searches targeted associates of Daniel Vorcaro, including investor Nelson Tanure and ex‑Reag chief João Carlos Mansur, with phones and other devices seized alongside luxury goods and cash recovered at multiple addresses.
• Minister Dias Toffoli directed all newly seized material to the Prosecutor‑General’s Office and ordered devices kept offline, after criticizing delays; PF chief Andrei Rodrigues cited operational constraints and warned that limiting PF analysis could hinder the case.
• The Central Bank on Thursday ordered the liquidation of Reag (now CBSF DTVM), a firm cited in the investigation for alleged fund flows tied to Master, as authorities pursue suspected fraud, market manipulation and money laundering.
• In a separate Paraná case, civil police arrested five suspects, including two active military police officers, over a R$15 million diamond robbery, with the gems still missing, a recovered phone revealing a 'Pit Bull Missão' chat, and R$11.692 million in cheques seized as laundering lines are probed.