Police Open Probe Into Alleged Influencer Campaign Tied to Banco Master Case

Overview

• BC documents detail a R$459 million Master loan to Brain Realty on April 22, 2024 that moved through Reag funds within hours, with one fund posting a 10,502,205.65% return in 2024.
• The BC informed federal prosecutors that up to R$11.5 billion in transactions are under suspicion, citing six Reag-managed funds: Astralo 95, Reag Growth 95, Hans 95, Olaf 95, Maia 95 and Anna.
• Investigators describe inflated pricing of low‑liquidity Besc share certificates and say resources later returned via purchases of Banco Master CDBs in at least two instances.
• The Federal Police opened an inquiry into alleged paid content targeting the BC; councilman Rony Gabriel says an agency named Daniel Vorcaro as the client, while Vorcaro denied hiring influencers in a filing to the Supreme Court.
• Political fallout intensified with a push for a congressional CPI facing resistance, and TCU president Vital do Rêgo said the Central Bank was right to liquidate Banco Master.