Fachin approves plea deal of former owner of Reag in Master case

Graduated in journalism from Mackenzie Presbyterian University, he is an editor in Brasília. At Oeste, he worked as a special reporter, assistant editor, and writer. He began his career at Veja magazine, in Augusto Nunes' column. Covers politics, Judiciary, and World.

Fachin approves plea deal of former owner of Reag in Master case

TL;DR

  • Justice Edson Fachin approved the plea deal of João Carlos Mansur, founder of Reag Investimentos.
  • Reag Investimentos acted as Master's financial operator, managing shell funds.
  • The company artificially inflated fund values to hide financial losses and maintain an appearance of solvency for Master.
  • Another plea deal, from financial operator Antonio Carlos Freixo Júnior, was previously approved by André Mendonça.
  • Freixo Júnior is reportedly responsible for Entre Investimentos e Participações, involved in financial operations linked to Daniel Vorcaro.
  • The plea deals are expected to help authorities understand the flow of money in the investigated operations.