Ex-BC Director Aided Vorcaro's Banco Master Acquisitions, Police Docs Show

Federal Police documents released by Brazil's Supreme Court allege former Central Bank supervision director Paulo Souza helped Daniel Vorcaro expand Banco Master via acquisitions of Will Financeira, Voiter, and Letsbank, boosting FGC-guaranteed deposits by R$26 billion in 2024. The TCU audit flags irregularities, suggesting potential regulatory capture or fraud. This is an emerging corruption probe with implications for Brazil's financial oversight credibility.