The businessman, founder of , spent millions of dollars on international trips, private parties and luxury events from 2022 to 2024. Among the records is Vorcaro’s engagement to Martha Graeff, which took place in November 2024 in Rome, Italy.
The event used spaces such as Villa Hadriana and Palazzo Colonna and cost US$2.8 million. The accommodation was at Palazzo Shedir.
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đź“ą Owner of Banco Master spent millions on engagement
đź’’Businessman Daniel Vorcaro, founder of Banco Master, spent millions of dollars on international trips, private parties and luxury events from 2022 to 2024.
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The documents also mention the hiring of Brazilian artists for presentations during the businessman’s trips. The Gilsons band was hired on a trip to Italy and stayed in hotels in Venice. Singer Silva participated in a trip to Fernando de Noronha. “I took Gilsons to Italy and Silva to Noronha hahaha”, wrote Vorcaro in a message recorded in the documents.
International travel
Financial reports sent to the businessman by the company SL Consulting Co, responsible for organizing part of the trips and events, record expenses in international destinations. Among them are trips to Aspen, in the United States, and trips to Spain.
Records include hiring a driver for US$889.35, renting a villa in Ibiza for US$252,400 and hosting a private dinner at a cost of US$9,354.25.
Other documents point to high spending on trips to Europe. A trip to the continent in 2024 cost more than US$1.2 million and included 2 private flights, accommodation in luxury hotels – such as The Gritti Palace, in Venice – and holding events that lasted 5 days in the Italian city.
The records also indicate entertainment expenses during these trips. In April 2022, Vorcaro paid US$108,100 for a trip to Miami that included a Bon Jovi concert and a Miami Heat NBA game. The following month, he bought tickets for the UEFA Champions League game. He also purchased tickets for a concert by The Rolling Stones in Milan.
Party planned in Sicily
In addition to travel, the documents show plans for large private celebrations. One of the planned events would be held in Taormina, Sicily, a destination that also appears in financial reports sent to the businessman.
The production included the rental of Teatro Greco, one of the city’s main tourist attractions, for 743.8 thousand euros, in addition to hiring international artists.
Among the artists listed for the event were Andrea Bocelli, Michael Bublé, Coldplay, David Guetta and DJ Black Coffee. The organization also evaluated the participation of the duo Sofi Tukker. The event ended up being canceled shortly before the scheduled date.
Here is the document (PDF – 114 kB), which indicates contracts and payment forecasts for international artists invited to the event.
Events in Brazil
The records also include expenses with events in Brazil. In Belo Horizonte, for example, documents show expenses of US$96,308.53 on transport logistics and accommodation for DJs Alok, The Chainsmokers and Dubdogz.
In addition to parties and trips, financial spreadsheets indicate expenses for luxury fashion. For an event held in Belo Horizonte in August 2023, payments of US$488,036.00 were recorded for haute couture pieces from the Italian brand Dolce & Gabbana, in addition to US$189,681.19 in additional items from the brand.
Recorded expenses
Reports also mention a trip to Africa in June 2024. According to the documents, Vorcaro paid $27,527 in tips to staff at the Xigera lodge in Botswana. The amount was distributed among around 90 employees during the stay.
Vorcaro’s defense stated that they were concerned about “selective leaks” of content under judicial secrecy. The lawyers reported that they requested the (Supreme Federal Court) access to the technical elements of the tests carried out on electronic devices seized during the investigation.
