Daniel Vorcaro, a Brazilian banker, was known for his flair for spectacle and acute sense of opportunity. In September 2023, his market prominence peaked when he spent R$ 363 million on a lavish event in Taormina, Italy. Shortly thereafter, he connected with Justice Minister Alexandre de Moraes, engaging the legal firm associated with Moraes's family to handle Master’s contracts, as the Central Bank began scrutinizing Master’s financials.

By April 2024, Vorcaro further cemented his connections by co-sponsoring an extravagant gathering in London attended by Moraes and former Chief Justice Dias Toffoli, including a costly Macallan tasting event. This raised eyebrows as the Federal Police initiated an investigation into Master by September 2024, leading to increased regulatory pressure from the Central Bank. Despite these high-profile associations and spending, the financial issues at Master remained unresolved, culminating in a situation where the bank was given six months to rectify its accounts by November 2024.

Vorcaro’s attempts to leverage his connections, including seeking an audience with former minister Guido Mantega to connect with President Lula, turned out futile. As of November 2025, despite significant financial backing and high-profile networking, the consequences of financial mismanagement loomed over Master, indicating that even the highest of connections could not deter the inevitable liquidation process for the bank.