Fachin approves plea deal proposal from Reag founder, investigated in the Master case
The focus of João Carlos Mansur's plea deal is his connection with Daniel Vorcaro and the network of funds that fueled the bank's scheme
TL;DR
- Supreme Court Justice Edson Fachin approved João Carlos Mansur's plea deal.
- Mansur, founder of Reag Investimentos, is being investigated in the Master bank case.
- He agreed to pay R$40 million in fines and reveal details about alleged irregularities.
- The plea deal focuses on Mansur's connection to Daniel Vorcaro and a network of funds.
- Mansur's past includes involvement in football (Palmeiras) and various business sectors.
- Reag Investimentos, now CBSF Distribuidora, had its liquidation decreed by the Central Bank.