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Federal Police points out 'willful participation' and 'manifest authority' of Augusto Lima in frauds between Master and BRBPhoto by kirill_makes_pics on Pexels
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Federal Police points out 'willful participation' and 'manifest authority' of Augusto Lima in frauds between Master and BRB

oglobo14 September 2026 at 08:30

Federal Police reports point to "willful participation" and "manifest authority" of Augusto Lima, former partner of Banco Master, in the fraudulent operations between the institution and BRB that occurred between 2024 and 2025. The documents became public after part of the investigations' secrecy in the Master case was lifted by the president of the Supreme Federal Court, Edson Fachin, to Minister André Mendonça, rapporteur of the inquiries.

Augusto Lima's defense rejected the information contained in the PF reports. In a statement, his lawyers stated that he left the partnership and direction of Banco Master on May 28, 2024, before the period investigated. The defense reaffirmed that there is no basis to attribute to Lima the illegal acts mentioned and expressed confidence that the investigation will be conducted in a technical and impartial manner.

Augusto Lima is a Bahian businessman owner of Credcesta, a benefit card aimed at municipal and state public servants. Credcesta originated in Bahia and later expanded to other states.

Why this matters

Operation Escopinho directly involves Banco Master and BRB, two banks with a strong presence in the Federal District and surrounding area, affecting clients and investors in the region. The ongoing investigation at the STF may have implications for the local financial system and for public servants who use Credcesta, a benefit card linked to Lima. The case continues with partial secrecy of the records.

About this summary

This is our short summary of a report published by oglobo on 14 September 2026 at 08:30; the full text stays with the publisher. In our feed it sits under Business. We currently carry 22329 items in that section.

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