Vorcaro Gives Videoconference Statement to PF in Master Probe

Overview

• On Friday, Aug. 28, Daniel Vorcaro — detained since March at the Papudinha facility — gave a roughly four-and-a-half-hour videoconference deposition to the Federal Police in the inquiry into suspected influence over Banco Central supervisors.
• The defense said Vorcaro answered questions clearly denied any corruption involving ex-supervisors Paulo Sérgio and Belline and said he is willing to collaborate under conditions while investigators continue to examine evidence.
• Investigators are weighing documentary intercepts draft revisions and witness statements that suggest informal consultancy arrangements simulated consultancy contracts and concealed payments to the two former BC officials.
• A key witness from travel agency Signature Luxury told the PF that Vorcaro paid US$38,000 for a VIP guide for Paulo Sérgio during a 2024 Florida trip and denied providing services to Belline for a 2025 Paris trip.
• The case grows from Banco Master’s Nov. 18, 2025 liquidation after auditors found nonexistent assets and atypical credit operations and has triggered phased Operation Compliance Zero actions asset seizures and potential major costs to the deposit insurance fund.