Inside Brazil’s Biggest-Ever Bank Fraud: The Banco Master Scandal
Brazil: Banco Master Scandal Key Facts —Scale. The Central Bank ordered Banco Master’s extrajudicial liquidation on November 18, 2025. Around 1.6 million creditors held roughly R$41 billion in FGC-guaranteed instruments at Master alone; including the related Will Bank and Banco Pleno failures, the deposit-guarantee bill approaches R$52 billion — the largest in Brazilian history. —Mechanism. […]…
We haven't written up this one. The Rio Times has the full story — the link below goes straight to it.
