The acquisition of the property entered the PF’s radar, which is investigating suspicions of billion-dollar fraud in the financial system and Ciro Nogueira’s actions in defense of Master’s interests in Congress. In the 5th phase of the operation, on Thursday (May 7, 2026), agents searched the congressman on suspicion of receiving undue advantages. The senator denies irregularities.
According to Metrópoles, the apartment has 514 square meters, 3 suites and 3 parking spaces. The deal would have been closed directly with the developer responsible for the project. Ciro Nogueira declared that part of the payment was made with the delivery of another property in the same building, valued at R$8 million, in addition to cash installments.
The purchase was made 26 days before the senator presented one proposing to increase FGC (Credit Guarantee Fund) coverage from R$250,000 to R$1 million. The proposal would benefit financial institutions experiencing liquidity difficulties, such as Banco Master, according to the PF.
Investigators claim that the text of the amendment was prepared by advisors linked to the bank and reproduced “comprehensively” by Ciro Nogueira in the Senate. In messages seized by the operation, Daniel Vorcaro would have said that the proposal “It came out exactly as I ordered”.
The PF also points out that companies linked to the senator received bribes from investigators. In a message obtained by investigators, Felipe Vorcaro, the banker’s cousin, asks in July 2024 whether he should “continue paying for the BRGD/CNLF partnership” worth R$300 thousand per month. Daniel responds: “Sim”.
Here are some points cited by the investigation:
- PF says that Ciro Nogueira received between R$300,000 and R$500,000 per month;
- investigators point to the CNLF as an asset holding company linked to the senator;
- company was used to purchase the triplex and another luxury property;
- PF states that Ciro Nogueira had a “negotiating advantage” of R$12 million in a business associated with the Vorcaro family.
According to the investigation, in April 2024, CNLF acquired a stake in Green Investimentos’ assets for R$1 million, although the shares were valued at around R$13 million.
O Metropolises also reported that, months after purchasing the triplex, Ciro Nogueira negotiated the exchange of the property for a high-end house in Jardim Europa, an upscale neighborhood in the west zone of São Paulo. The property, still under construction, would be around 878 square meters and designed by architect Arthur Casas.
According to the publication, the senator stated that both the triplex and the future house would have a market value of close to R$30 million. He further stated that all negotiations were carried out by his company and with his own resources.
Operation Compliance Zero had already revealed suspicions of international trips and luxury accommodation paid by Daniel Vorcaro to the senator. The investigations also indicate that Banco Master was seeking political support to approve measures considered strategic by the institution in Congress.
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