From ‘Outsider’ to Inmate: A Brazilian Banker’s Sudden Collapse

For a hot moment, Daniel Vorcaro seemed to have made it in the tight-knit world of Brazilian finance. Once the host of a gospel show on a regional TV network,...

By Vinicius Andrade, Rachel Gamarski, Matheus Piovesana, Daniel Cancel · Bloomberg Markets

For a hot moment, Daniel Vorcaro seemed to have made it in the tight-knit world of Brazilian finance. Once the host of a gospel show on a regional TV network, he was suddenly hobnobbing with the country’s banking elite, throwing lavish parties that filled gossip columns while amassing a trove of trophy properties around the world.