Fabiano Zettel, Vorcaro’s brother-in-law, has also been arrested
Businessman Fabiano Zettel, brother-in-law of Daniel Vorcaro, also had preventive detention ordered in the third phase of Operation Compliance Zero, which investigates an alleged billion-dollar financial fraud scheme at Banco Master.
The measure was enacted this Wednesday morning (4). According to Zettel’s defense, the businessman will voluntarily surrender to the authorities. In addition to the arrest, 15 search and seizure warrants were executed in the states of São Paulo and Minas Gerais.
This morning, the Federal Police arrested Vorcaro, owner of Banco Master, in São Paulo. The measure was determined by Minister André Mendonça, of the Federal Supreme Court, who took over reporting on the investigation after Dias Toffoli left the case.
Vorcaro arrested: Investigation revealed criminal organization at Banco Master
MPF maintains the existence of a structured criminal organization since the last decade; Daniel Vorcaro’s defense denies irregularities
Who is Daniel Vorcaro, owner of Banco Master, who was arrested by the PF?
A little over 40 years old from Minas Gerais took control of Banco Master in 2018
Vorcaro had already been arrested in November last year while trying to board a private jet in Guarulhos. The arrest was motivated by the alleged escape attempt, which he denied with the claim that he had a meeting scheduled with alleged bank buyers.
Zettel had also been arrested on January 14 of this year, during the second phase of the operation. The temporary arrest occurred because the businessman tried to board a flight to the United Arab Emirates.
