On October 18, 2025, the Central Bank of Brazil (BC) announced the extrajudicial liquidation of Banco Pleno, previously known as Voiter. The bank was implicated in a financial fraud investigation related to the Master conglomerate, which has raised significant concerns regarding its operational integrity. The current owner, Augusto Lima, had a partnership with Daniel Vorcaro, both of whom were arrested during Operation Compliance Zero but were subsequently released under electronic monitoring.

Banco Pleno had been facing liquidity issues and actively sought investors to sustain its operations. However, restrictions imposed by the Central Bank prevented the issuance of new Certificates of Deposit (CDBs), exacerbating its financial troubles. The bank's bonds were traded at rates as high as 165% of the CDI in late 2025, reflecting a significant risk associated with its financial standing. As of June 2025, Banco Pleno reported a net equity of R$ 672.6 million but faced liabilities amounting to R$ 6.68 billion, indicating severe financial distress and unsustainable business operations.

This development marks a critical moment in Brazil's banking sector, particularly amid ongoing scrutiny of financial practices within troubled institutions. The liquidation not only underscores the risks tied to financial conglomerates but also raises questions about regulatory oversight and the measures needed to protect investors and depositors in the future. The outcomes of the investigation into the purported fraud are likely to have wide-ranging implications for the sector as a whole and could lead to regulatory reforms aimed at preventing similar situations in the future.