New CPI at Alesp must investigate Master and calls Vorcaro – 03/04/2026 – Panel

Installed this Wednesday (4), the Financial Pyramids CPI should not be used to also investigate the Master case. One of the first acts of its president, Guto Zacarias (União Brasil), was to present a request to summon the former banker.

The request aims to hear from Vorcaro about the use of financial pyramid schemes in the administration of pension funds under the Social Security Regime (RPPS) in municipalities such as Cajamar, Araras, Santo Antônio de Posse and Santa Rita d’Oeste. Such

Zacarias says, in his application, that Vorcaro operated a scheme similar to a financial pyramid through Master bank and other institutions. According to him, these municipalities in São Paulo may have suffered millionaire losses.

“Listening to Mr. Vorcaro is essential for us to understand his participation in the aforementioned criminal scheme, as well as for us to understand how it operates,” the deputy wrote in the request.


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