On the night of November 17 2025, Brazilian federal agents pulled banker Daniel Vorcaro off the tarmac at Sao Paulo’s Guarulhos airport as he prepared to board a private jet. He was initially detained as a flight risk and arrested a few months later on multiple charges of bank fraud, corruption and money laundering. He currently awaits judgment.
Now, less than a month before Brazil’s national elections, the so called “Banco Master crisis” threatens to shake the country’s democracy to its core.
