Politics

The largest fraud scheme in our country's history

Banco Master is being liquidated after federal authorities uncovered a major fraud scheme, considered one of the largest in the country’s history. The bank is currently under liquidation orders from the Central Bank, and WillBank is also expected to shut down for being part of the same conglomerate led by Daniel Vorcaro.

If you are wondering what this has to do with politics, here’s the key point: Daniel Vorcaro has strong political connections and is reportedly close to several politicians, including some involved in judging this case.

Vocabulary

Liquidated - liquidado

Uncovered - descoberto

Scheme - esquema

Shut down - desligar

Conglomerate - conglomerado

Led - liderado

Wondering - Se perguntando

Reportedly - supostamente

Several - vários

Involved - involvido

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Epstein Files

Jeffrey Epstein was a wealthy financier known for his connections with numerous high-profile individuals, including politicians and celebrities. He was accused of sex trafficking and died in 2019 while awaiting trial. So why are we still talking about this?

Because the case files were sealed and are now being released by the Department of Justice. Last week, around 3 million pages, 180 (a hundred and eighty) thousand images, and 2 thousand videos were made public.

Among the revelations are allegations involving names such as Bill Gates, accused of hiding an STD from his former wife, and Donald Trump, who allegedly asked whether he should spend Christmas on Epstein’s island. This became controversial due to Trump’s previous statements claiming he had no contact with Epstein after 2004. All individuals mentioned have denied any involvement.

Vocabulary

Files - arquivos

Wealthy financier - gestor de fortunas, financista

Politicians - políticos

Celebrities - celebridades

Accused - acusado

Awaiting - esperando

Trial - julgamento

Seal - selado

Released - divulgado, lançado

Among - entre

Allegations - acusações

Hide - esconder

Former wife - ex-esposa

Allegedly - supostamente

Controversial - controverso

Due to - devido a

Previous - anterior

Statement - depoimento

Claiming - alegando

Denied - negado, negaram

Involvement - envolvimento