Fabiano Zettel, brother-in-law of banker Daniel Vorcaro from Banco Master, owns the investment fund that acquired part of the stake held by Supreme Court Justice Dias Toffoli's brothers in the Tayayá resort in Paraná. The deal unfolded amid probes into bank frauds, with Toffoli serving as the case's rapporteur at the STF. Toffoli holds no direct stake in the property.
The Leal fund, controlled by Fabiano Zettel—brother-in-law of Daniel Vorcaro, owner of Banco Master—purchased the stake of Supreme Court Justice Dias Toffoli's brothers in the Tayayá resort on Paraná's coast. According to documents obtained by O Estado de S.Paulo and reported by Metrópoles, the share was worth R$6.6 million at the time of the transaction, from 2021 to 2025, during which Zettel was the fund's sole investor. Toffoli's family held majority shares, but the STF justice has no direct involvement.
The link is significant as Toffoli serves as rapporteur at the Supreme Court for the probe into Banco Master, which the Central Bank placed under extrajudicial liquidation on November 18, 2025, over suspicions of issuing fake securities. Vorcaro's defense requested the case's transfer to the STF. In addition to Leal, another Zettel-linked fund invested about R$20 million in the resort, making him an indirect partner.
Federal Police and Federal Public Prosecutor's Office investigations under Operation Compliance Zero reveal that Master used funds like Arleen to simulate operations and inflate assets, with evidence of money laundering and use of straw men. Zettel was temporarily arrested while attempting to board a flight to Dubai, and Toffoli authorized secrecy breaks from 2020 to 2025. Vorcaro's defense denies irregularities, stating full cooperation with authorities and that fund associations do not reflect reality. The current Tayayá owner is Paulo Humberto Barbosa, who bought the Toffoli family's portion for R$3.5 million in February 2025.
Metrópoles could not reach Toffoli or family for comment. Zettel's defense emphasizes his business activities are lawful and unrelated to Master.
