Banco Central Liquidates Reag Trust Following Banco Master Arrests

Brazilian authorities arrested Daniel Vorcaro and Fabiano Zettel after the Banco Central ordered the extrajudicial liquidation of Reag Trust for alleged financial violations.The regulatory move follows Operation Compliance Zero investigations into asset inflation schemes linked to the ongoing Banco Master case.Managed funds previously overseen by Reag Trust now require new administrators to prevent automatic liquidation and protect investor capital.