Master bank operator alleges founder hid R$20bn abroad in leaked recording

A recording published by Piauí magazine captures Fabiano Zettel, brother-in-law and financial operator of Master's founder, claiming Vorcaro kept R$20 billion in undeclared offshore accounts after the bank's liquidation. The claim is unverified and part of an ongoing investigation into Master's collapse, potentially implicating the founder in large-scale financial fraud and money laundering.