Documents show the banker’s conversation with another person being investigated; founder of Master was arrested this Wednesday (4th March)
Messages exchanged by the founder of Banco Master, arrested this Wednesday (March 4, 2026), and Luiz Phillipi Machado de Moraes Mourão show that the banker talked about “grinding” an employee who was threatening him.
In one of the texts, Vorcaro says: “Employee Monique threatening me. Is it soft? We have to grind this slut”. Mourão asks: “What is there to do?”.And the banker replies: “Address everything”.
Minister André Mendonça, from the STF (Supreme Federal Court), the 3rd phase of the Compliance Zero operation to preventively arrest Banco Master businessmen Daniel Vorcaro and Fabiano Zettel this Wednesday (March 4, 2026). The new phase investigates the group responsible for monitoring and intimidating Vorcaro’s opponents. Read the of the decision, which responds to a request from the PF (Federal Police) (PDF – 384 kB).
The document mentions an exchange of messages between Vorcaro and Luiz Phillipi. In conversations, the owner of the Master bank guided intimidation actions against people he considered “enemies”. In one of the texts, Vorcaro advises Mourão about a journalist who published negative reports about Banco Master. “I want to beat him up”said the businessman.
According to Mendonça’s order, the investigation into the case indicates that Vorcaro issued “direct orders” of acts of intimidation against people like “business competitors, former employees e journalists” that would harm the Master’s interests. The minister also declared that records were identified that the businessman had “prior access” the information “related to the carrying out of investigative measures”.
MASTER CASE
The investigations began in 2024, at the request of the MPF (Federal Public Ministry), which requested the verification of signs of manufacture and sale of false credit securities by institutions that are part of the SFN (National Financial System) and circulation of “bad assets” to hide financial losses.
Banco Master, owned by banker Daniel Vorcaro, and managers, executives and businesspeople linked to investment funds and operations with credit securities are at the center of the investigations.
