Brazilian Banking Scandal Has Ties to Miami Real Estate

Brazilian Banking Scandal Has Ties to Miami Real Estate

The CEO allegedly at the center of Brazil’s latest banking scandal quietly amassed a portfolio of luxury homes in Miami — reinforcing the familiar truth that there’s always a Florida connection to a major news story. Daniel Vorcaro led and was the largest shareholder of Banco Master, which Brazil’s central bank shut down earlier this … Read more

Brazilian Banker Daniel Vorcaro True Owner of Miami Homes

Brazilian Banker Daniel Vorcaro True Owner of Miami Homes

The Brazilian banker who was arrested last week as part of what authorities allege is a multibillion-dollar fraud is the owner of a waterfront estate in Miami, and linked to other properties in South Florida, The Real Deal has learned.  Banco Master’s CEO and majority shareholder, Daniel Vorcaro, is the true owner of the 20,500-square-foot … Read more