Central Bank links 36 firms to R$11.5bn Banco Master fraud
Fictitious loans and investment fund scheme allegedly diverted depositor funds via Reag-managed vehicles 01/12/2026 Brazil’s Central Bank has identified 36 companies as participants in a fraudulent scheme involving fictitious loans from Banco Master that enabled the diversion of R$11.5 billion through investment funds managed by asset manager Reag. Valor obtained the list of […]
