U.S. Judge Rejects Vorcaro Effort to Curb Asset Search in Banco Master Case

Overview

• Judge Scott M. Grossman in Florida denied Daniel Vorcaro’s bid to narrow the Banco Master liquidator’s U.S. asset search, keeping wide subpoenas in place.
• The court‑recognized liquidator, EFB, has sent dozens of subpoenas to top auction houses and galleries and filed chats about planned buys of works by Picasso and Basquiat.
• EFB is also digging into property records and filed a deal with landlord Watson Brickell over unpaid rent at 830 Brickell Plaza that it says tops deposits by about $1.9 million.
• In separate filings, EFB alleges Vorcaro, his father, and his sister diverted at least $1 billion and used part of it to buy a mansion in Florida.
• Newly reported Central Bank records show regulators first rejected Vorcaro’s 2019 takeover bid over money‑origin concerns tied to pension‑fund probes, then cleared it eight months later after fresh capital.