Justice orders release of Daniel Vorcaro, owner of Banco Master

The 1st Region Federal Regional Court determined that the owner of Banco Master, Daniel Vorcaro, be released. The businessman is being investigated for financial fraud in Operation Compliance Zero, which executed seven arrest warrants and 25 search and seizure warrants in several states across the country. He was held at the Temporary Detention Center (CDP) 2 in Guarulhos, where he was transferred on Monday. Initially, he was detained at the Federal Police headquarters in São Paulo. The defense argued to the Superior Court of Justice (STJ) that there were no concrete and individualized facts pointing to an effective risk of Daniel Vorcaro interfering with the investigation. They also asserted that with the liquidation of Master, as ordered by the Central Bank, there would be no risk of the crimes being committed again.