The Federal Police and the Prosecutor General rejected a plea-bargain proposal from Daniel Vorcaro, the former owner of Banco Master [1].

This rejection removes a key legal strategy for Vorcaro as he faces criminal charges in Brazilian federal courts. The failure to secure a collaboration agreement means the defense must now focus on contesting the merits of the criminal action rather than seeking a reduced sentence through cooperation [1], [2].

The legal process reached a critical juncture in June 2026. Reports indicated that a response regarding the plea-bargain proposal was expected by June 12 [3]. Following the refusal by authorities, lawyer José Luis Oliveira Lima, known as Juca, left the defense team [1].

This was the third attempt by Vorcaro to negotiate a plea-bargain [4]. While some reports suggest the defense has ceased pursuing the agreement, other sources indicate that family members have sought a new defense team to present a third proposal [4], [5].

However, the path to a new agreement remains narrow. Prosecutor-General Paulo Gonet said he has closed the door on any further plea-bargain negotiations for Vorcaro [2]. The conflict between the defense's desire for a new attempt and the Prosecutor General's refusal highlights the tension in the ongoing proceedings [2], [4].

The case continues to be handled by the Federal Police and the Prosecutor General’s Office within the federal court system [1], [6].

“Prosecutor-General Paulo Gonet has closed the door on any new plea-bargain for Vorcaro.”

The rejection of the plea-bargain suggests that Brazilian federal authorities believe they already possess sufficient evidence to secure a conviction without Vorcaro's cooperation. By closing the door on a collaboration agreement, the Prosecutor General is signaling a shift from negotiation to litigation, placing Vorcaro in a more vulnerable legal position as he can no longer trade information for leniency.