The defense of Daniel Vorcaro, who owns Banco Master and was arrested during a Federal Police operation, has publicly refuted the accusations against him, claiming that he has never attempted to obstruct justice or any official investigations. Vorcaro is currently under investigation for alleged involvement in a large-scale financial fraud scheme, which reportedly includes the sale of fake credit securities by Banco Master.

According to the Federal Police, this financial scheme is characterized by gross failures in internal controls within the involved institutions, which have led to fraudulent management, money laundering, and market manipulation. The operation's name suggests a serious lack of oversight that enabled such criminal activities to flourish without sufficient regulation to protect against them.

In a statement, Vorcaro's defense emphasized the businessman’s cooperation with authorities, asserting that he has consistently made himself available for investigations and maintained transparency throughout the process. They categorically deny the allegations attributed to him and express confidence that a thorough clarification of the facts will reveal his conduct to be lawful and regular, suggesting an ongoing legal battle over these serious charges.