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Federal Police investigate Eduardo Bolsonaro for $24M film transfers via Master Bank

14 sources · 28 May 2026 · Share coverage ·

verbatim from the press ? no verbatim passage

The Federal Police are investigating whether Eduardo Bolsonaro (former PL-SP congressman) used Master Bank resources to finance his life in the United States, where he lives in a $1.2 million mansion in Texas. Messages revealed by Intercept Brasil show he guided the transfer of "as much as possible" American money to produce Dark Horse — a Jair Bolsonaro biopic that received $26M negotiated by Senator Flávio Bolsonaro with banker Daniel Vorcaro.

Press quotes (1)
A Gazeta

"O ex-deputado Eduardo Bolsonaro (PL-SP) tratou sobre o financiamento do filme Dark Horse com o banqueiro Daniel Vorcaro, dono do Banco Master, por intermediação de Thiago Miranda, sócio do Portal Leo Dias."

According to an Intercept report cited by Prensa Latina, Flávio Bolsonaro allegedly arranged $24 million financing for the film production with Vorcaro. Eduardo intermediated the operation through Thiago Miranda, partner at Portal Leo Dias, requesting expedited transfers: "Ideally the resources would already be in the US," he wrote in March 2025, warning that fragmented remittances "would take about 6 months."

Press quotes (1)
Prensa Latina

"Según el reportaje, el senador Flávio Bolsonaro habría articulado con Vorcaro una financiación de 24 millones de dólares para la producción cinematográfica."

Part of the $12M already transferred went to the Havengate Development Fund LP in Texas, controlled by broker Altieris Santana and lawyer Paulo Calixto — responsible for Eduardo's US immigration process. Federal Police suspect these resources finance the former congressman's stay in the country, since the Supreme Court had blocked his accounts and complicated receiving American funds.

Press quotes (1)
A Gazeta

"Parte do valor de R$ 134 milhões negociado para filme entre a família Bolsonaro e Vorcaro foi transferida para esse fundo pela Entre Investimentos e Participações, que atuava em parceria com empresas do dono do Master."

1. What we know (2)

Eduardo Bolsonaro intermediated negotiations between Flávio Bolsonaro and Daniel Vorcaro for Dark Horse film financing

3 sources A Gazeta Brasil de Fato Revista Fórum

Eduardo Bolsonaro resides in luxury mansion in Texas valued at $1.2 million

3 sources Estado de Minas Jornal do Brasil Revista Fórum
2. Where coverage thins out (2)

Covered by only some sources, or where the accounts diverge.

Covered by only some sources (1)

The negotiated film value was $26M, with $12M already transferred

Reported by: A Gazeta Brasil de Fato

Conflicting versions (1)

Value of Dark Horse film financing negotiated with Vorcaro

2 sources — "$26M negotiated, $12M transferred (values in reais converted)": A Gazeta Brasil de Fato
1 source — "$24 million for production (value in dollars)": Prensa Latina
3. What we don't know yet (4)
  • What is the exact amount of Dark Horse film resources actually used to finance Eduardo Bolsonaro's life in the US?

    Why it's still unknown: Federal Police suspect diversion but haven't quantified the specific amount diverted from the total $12M transferred

  • What are Eduardo Bolsonaro's declared income sources to maintain the $6,000/month mansion in Texas?

    Why it's still unknown: Eduardo mentions 'passive income' and $400K via Pix from Jair Bolsonaro, but doesn't detail how he sustains monthly expenses

  • Is there a formal connection between Eduardo's account blocking by the Supreme Court and the timing of film transfers?

    Why it's still unknown: Investigation points to temporal coincidence but hasn't established proven causal link

  • What is the specific role of Paulo Calixto and Altieris Santana in the Havengate fund's financial structure?

    Why it's still unknown: Sources identify both as fund controllers but don't detail their operational responsibilities

All sources

14