---
title: "Banco Master owner Vorcaro detained by Brazil police, local media reports"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/277765204.md"
description: "Brazilian businessman Daniel Vorcaro, owner of Banco Master, was detained by federal police amid an investigation into the bank. Vorcaro had previously been arrested for allegedly issuing fraudulent credit securities but was released with an electronic ankle monitor. The police are investigating potential crimes including threats, corruption, money laundering, and computer system invasions by a criminal organization."
datetime: "2026-03-04T10:26:00.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/277765204.md)
  - [en](https://longbridge.com/en/news/277765204.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/277765204.md)
---

# Banco Master owner Vorcaro detained by Brazil police, local media reports

RIO DE JANEIRO, March 4 (Reuters) - Brazilian businessman Daniel Vorcaro, the owner of lender Banco Master, was detained by federal police on Wednesday in a new phase of an investigation into the bank, a person familiar with the matter said.

Vorcaro had previously been arrested in November as part of a probe into alleged issuance of fraudulent credit securities by the institution, but was later released and ordered to wear an electronic ankle monitor.

Brazil's federal police said in a statement they had launched raids on Wednesday "investigating the possible crimes of threats, corruption, money laundering and invasion of computer systems carried out by a criminal organization."

They did not name Vorcaro, whose lawyers did not immediately respond to a request for comment.

(Reporting by Rodrigo Viga Gaier; Writing by Gabriel AraujoEditing by Tomasz Janowski)

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