Brazilian prosecutors rejected a cooperation agreement proposed by Daniel Vorcaro, the former banker at the center of a massive fraud investigation, according to a person familiar with the matter.
Brazilian prosecutors rejected a cooperation agreement proposed by Daniel Vorcaro, the former banker at the center of a massive fraud investigation, according to a person familiar with the matter.
The Banco Master headquarters in Sao Paulo, Brazil, on Tuesday, Nov. 18, 2025. Banco Master SA Chief Executive Officer Daniel Vorcaro was arrested Tuesday in a federal police fraud investigation as Brazil's central bank moved to liquidate the struggling firm.
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