
Investigation reveals that Banco Master, created by Daniel Vorcaro with the support of right-wing politicians, diverted billions of public resources, tried to bribe STF ministers and involved governors, senators and Bolsonaro deputies in a financial pyramid scheme that harmed retirees and public servants.
AI-generated summary
Banco Master operated between the governments of Temer and Lula, with the support of right-wing politicians during the Bolsonaro government, making fraudulent loans and diverting public resources from retirees and civil servants.
The right wing created Banco Master, was caught stealing with Banco Master and now had to pay some guys from the STF to escape jail.
Last week, we discovered new evidence that the owner of Master tried to buy the support of minister Alexandre de Moraes. There is also evidence against ministers Dias Tóffoli and Nunes Marques. But only the accusations against Moraes help the candidate for whom minister André Mendonça votes.
The possible bribery of STF judges would already be one of the biggest scandals in Brazilian history, but this is just the end of a much worse story. The misappropriated amounts have many more zeros, the victims of crimes are much poorer, and the involvement of the right goes far, far beyond a movie.
Daniel Vorcaro tried to buy judges because the Central Bank and the Federal Police, already under the Lula government, undermined his scheme. But what scheme was this?
"Master Bank" is a business that existed after Temer's Central Bank (which didn't let Vorcaro become a banker) and before Lula's Central Bank (which forced Vorcaro to stop being a banker). In the middle of this there was Bolsonaro.
When Jair let him be a banker, Vorcaro went looking for thieving politicians who would accept investing retired money in securities that were worthless.
It gained partners in 18 federative entities: 3 states and 15 municipalities. Of the 18, 17 (90%) were governed by the right. By far, the biggest embezzlement was made by the Bolsonaro governor of Rio de Janeiro, Cláudio Castro: R$3.7 billion.
On his tours of the Brazilian picket line, Vorcaro met Augusto Lima, who had a scheme with the PT government in Bahia. The scheme gave fraudulent loans to state public employees. Vorcaro became a partner of Lima and other similar pickaxes throughout Brazil.
Like all scams of this type, at one point the Banco Master started to leak.
A Bolsonaro senator and deputy presented projects in Congress to increase FGC coverage, which would allow the Master pyramid to survive for longer. If the projects had been approved, all the money you have in the bank would have disappeared.
Six parties presented an urgent request to vote on a project that would allow Congress to dismiss the director – justice be done, appointed by Campos Neto – who prevented the BRB from operating. Of the 6, 5, 84%, they were right-wing: Bolsonaro's PL, Tarcísio's Republicans, Ciro Nogueira's PP, Alcolumbre's União Brasil and Ibaneis Rocha's MDB.
It didn't work, and Vorcaro had to appeal to the Bolsonarian government of Ibaneis Rocha, in the Federal District, which had a large state bank in its hands. The operation to save the Master cost the BRB R$8 billion, money that will be paid for with cuts in public services in the Federal District for many years.
After the billions of public money that Bolsonarism gave him, Vorcaro thought that the least he could do would be to reward them with R$140 million (of which R$60 million was paid) to Flávio Bolsonaro. It wasn't Vorcaro's problem whether the money was to make a film or whether, obviously, it was to support Eduardo Bolsonaro's conspiracies against Brazil.
The accusation against Moraes is this: having participated in the corruption scheme of the guys he arrested in the case against the coup.
AI outlook — possibilities, not facts
The Federal Police opens an investigation against Daniel Vorcaro for fraud and money laundering
Likely · Within weeks
The National Congress rejects new projects to increase FGC coverage
Very likely · Within days
The STF opens an investigation against minister Alexandre de Moraes for allegedly receiving an undue advantage
Possible · Within months

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