Minister Dias Toffoli, of the Federal Supreme Court (STF), extended this Friday for another 60 days the conclusion of the investigations conducted by the Federal Police (PF) in the case of Banco Master. The decision is made at the request of the PF.
In the order, he stated that the arguments presented by the corporation justify the extension. “I consider that the reasons given for the extension, for another 60 (sixty) days, must be accepted”, wrote the minister.
Toffoli is the rapporteur, at the Supreme Court, of the investigation that investigates an alleged scheme of irregularities involving the financial institution, extrajudicially liquidated by the Central Bank in November 2025. The measure adopted by the monetary authority occurred after the identification of serious solvency problems and signs of irregular practices in the bank’s management.
The investigations seek to clarify the actions of executives, investors and businesspeople linked to Banco Master, in addition to investigating possible financial crimes, such as fraudulent management, money laundering and diversion of resources. According to investigators, the complexity of the case, the volume of documents seized and the need for in-depth technical analyzes motivated the request for more time.
This Wednesday morning, the Federal Police launched the second phase of the operation related to the case. Search and seizure warrants were executed at addresses linked to Daniel Vorcaro, controller and owner of Banco Master. The PF also served a temporary arrest warrant against investor Fabiano Campos Zettel, Vorcaro’s brother-in-law, identified as one of the central targets of this stage of the investigation.
Furthermore, the agents carried out a personal search of businessman Nelson Tanure, who maintains commercial and corporate relations with the group under investigation. According to the PF, the measures aimed to collect new evidence and track suspicious financial flows.
Continues after advertising
With the extension determined by the STF, the Federal Police will have another two months to complete reports, analyze the seized material and possibly propose new investigative measures before closing the investigation or sending it to the Public Ministry.
