Luiz Phillipi Machado de Moraes Mourão, one of those arrested in Operation Compliance Zero, attempted his own life
Luiz Phillipi Machado de Moraes Mourão, known as ‘Sicário’ by Daniel Vorcaro, died this Wednesday (4). He was one of those arrested in Operation Compliance Zero.
In the afternoon, the Federal Police (PF) reported that Mourão “made an attempt on his own life” while he was in custody at the Regional Superintendence of Minas Gerais. He was one of the targets of the third phase of Operation Compliance Zero, which investigates alleged fraud involving Banco Master.
The action took place after he was preventively arrested on suspicion of being part of thegroup that improperly accessed confidential systems of the PF, the Federal Public Ministry and the International Criminal Police Organization (Interpol, its acronym in English). He and other targets of the operation allegedly corrupted two Central Bank servers.
Luiz Phillipi Mourão would be the operational coordinator of the scheme.
Operation Compliance Zero
A Federal Police broke out this Wednesday third phase of Operation Compliance Zerowhich investigates the possible commission of crimes such as threats, corruption, money laundering and invasion of computer devices, allegedly committed by a criminal organization. The following were arrested:
The minister André Mendonçaof the Federal Supreme Court (STF), determined the removal of those investigated from public positions and the blocking of assets that could reach R$22 billion. The objective of the measure is stop the movement of assets linked to the group e preserve values that may be related to the actions under investigation.
Understand the Master case
After identifying signs of financial irregularities and the serious liquidity crisisthe Central Bank determined, on November 18, the extrajudicial liquidation of Banco Master S/ABanco Master de Investimentos S/A, Banco Letsbank S/A and Master S/A Corretora de Câmbio, Títulos e Valores Mobiliários.
On January 21, Will Bank, the digital arm of the Vorcaro conglomerate, .
The Banco Master liquidation process was accompanied by Operation Compliance Zero. Also on November 18, the PF launched the first phase of the action to combat the issuance of false credit securities by institutions that are part of the National Financial System (SFN). Faced with the possibility of escape, Vorcaro was arrested the day before. The banker was later released using an electronic ankle bracelet.
According to investigations, Banco Master offered Bank Deposit Certificates (CDB) with profitability well above the market. To sustain the practice, the financial institution began to assume excessive risks and structure operations that artificially inflated its financial balancewhile the liquidity deteriorated.
The episodes of settled on January 15th, are the most serious problems in the Brazilian financial system. The cases involve, in addition to fraud, tensions between the STF and the Federal Audit Court (TCU), as well as with the Central Bank and the PF.
