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Church linked to Vorcaro's brother-in-law moved R$ 57 million in one year, COAF points outPhoto by analogicus on Pexels
Politics
Investments

Church linked to Vorcaro's brother-in-law moved R$ 57 million in one year, COAF points out

cbn15 September 2026 at 13:52

COAF documents forwarded to the Supreme Federal Court reveal that the Lagoinha Belvedere Church, linked to Fabiano Zettel, Vorcaro's brother-in-law, moved more than 57 million reais between December 2024 and December 2025 in the Banco Master investigations. The information was made public after Minister André Mendonça lifted the secrecy from the financial movements of the institution.

The amount moved by the church is significantly higher than the presumed annual revenue of the institution, which is only 950 thousand reais. This large difference between reported revenue and the volume of resources in circulation led Banco do Brasil to report the suspicious operations to COAF.

According to COAF data, most of the institution's payments were destined for companies in the civil construction, engineering, metal structures, installations, and event production sectors. Fabiano Zettel alone carried out 26 transfer operations totaling approximately 19 million reais to the church.

COAF also identified donations made to the Lagoinha Church by Fabío, although the article does not present complete information on this part of the investigations.

Why this matters

This investigation reveals possible use of religious institutions for money laundering, with financial movements far exceeding declared revenue. The involvement of the Supreme Federal Court and COAF indicates that people close to the Banco Master case may be involved in suspicious financial operations, affecting trust in the financial system and in religious institutions.

About this summary

This is our short summary of a report published by cbn on 15 September 2026 at 13:52; the full text stays with the publisher. In our feed it sits under Politics. We currently carry 30396 items in that section.

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