Brazil Court Unseals Banco Master Fraud Probe

Brazils top court unsealed thousands of pages from an investigation into a multibillion-dollar fraud involving failed lender Banco Master. The decision comes amid an institutional crisis and a tight presidential election campaign.

FILE PHOTO: A barrier tape in the Brazilian Supreme Court building in Brasilia, Brazil, September 9, 2026. REUTERS/Adriano Machado/File Photo

Brazil's Chief Justice Edson Fachin unsealed thousands of pages from a fraud probe on Thursday, exposing ties between failed lender Banco Master and senior officials. The move deepens an unprecedented institutional crisis weeks before a presidential election. The escalating scandal threatens to reshape the political landscape as voters weigh candidates in an unusually tight race.

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