✓ verbatim from the press ◦ composed from multiple sources
Daniel Vorcaro's second plea bargain attempt — the owner of Banco Master imprisoned for leading billion-dollar frauds — was rejected by the Federal Police on Thursday (11). The agency informed the Supreme Federal Court that it evaluated the proposal as insufficient, repeating the same verdict from the first attempt, rejected on May 20. ✓
Press quotes (1)
"A Polícia Federal comunicou ao STF (Supremo Tribunal Federal), na noite desta quinta-feira (11), que negou a nova proposta de delação premiada apresentada por Daniel Vorcaro, do Banco Master"
According to investigators, Vorcaro did not present new information compared to what had already been discovered in the investigations and could not corroborate his accounts with Banco Master documents. The former banker's greatest difficulty, in the PF's view, has been presenting evidence to support his statements, especially since he is imprisoned and without access to the financial institution's documents. ✓
Press quotes (1)
"Na visão de investigadores, a maior dificuldade do ex-banqueiro tem sido a corroboração de seus relatos, com a apresentação de provas, sobretudo pelo fato de estar preso. Um exemplo utilizado é de que Vorcaro precisaria mostrar documentos do banco para provar o que fala"
The Attorney General's Office is still analyzing the proposal and has not given a formal response. Investigators believe Vorcaro continues trying to protect allies and make a "selective plea bargain," only partially modifying his previous versions. Among the changes, he began classifying payments to Senator Ciro Nogueira (PP-PI) as bribes, abandoning the previous justification of "friendship relationship." ✓
Press quotes (1)
"Vorcaro, por exemplo, modificou o anexo que relatava pagamentos ao senador Ciro Nogueira (PP-PI) sob a justificativa de "relação de amizade" entre eles e passou a tratar os repasses como propina"
The legal framework for plea bargains establishes strict acceptance criteria. According to MPF Joint Orientation 1/2025, the agreement "presupposes utility and public interest, which are met when one or more of the results provided for in Article 4 of Law 12,850/2013 occur." The PF and PGR had been trying to make Vorcaro reimburse R$ 60 billion that he allegedly diverted in Banco Master frauds, whose liquidation was decreed by the Central Bank in November 2025. ◦
Press quotes (1)
"O acordo de colaboração premiada é, nos termos do art. 3º-A, da Lei nº 12.850/2013 e da jurisprudência dos Tribunais Superiores, negócio jurídico processual, meio de obtenção de prova, e técnica especial de investigação, que pressupõe utilidade e interesse públicos, os quais são atendidos desde que advenha um ou mais dos resultados previstos no art. 4º da Lei nº 12.850/2013"
The PF rejected Daniel Vorcaro's second plea bargain proposal on June 11, 2026
The first proposal had been rejected on May 20, 2026
The PGR is still analyzing the proposal and has not given a formal response
Covered by only some sources, or where the accounts diverge.
Covered by only some sources (3)
Vorcaro offered to increase reimbursement from R$ 40 billion to R$ 60 billion between the two proposals
Vorcaro changed defense teams between the two proposals, with José Luis Oliveira Lima leaving and Sérgio Leonardo entering
In the second proposal, Vorcaro mentioned a US$ 30 million payment to Davi Alcolumbre
-
What specific Banco Master documents did Vorcaro offer as evidence in his second proposal?
Why it's still unknown: The detailed list of offered documents was not publicly disclosed in press reports
-
What will be the Attorney General's Office final position on the second proposal?
Why it's still unknown: The PGR has not yet formally responded, unlike the PF which already rejected it
-
Where will Vorcaro be transferred after the definitive rejection of negotiations?
Why it's still unknown: Investigators indicated possible transfer to common prison, but formal decision was not announced
-
Which specific elements of Law 12,850/2013 were not met in Vorcaro's proposal?
Why it's still unknown: The PF mentioned lack of public utility, but did not detail which specific articles of the law were violated