Brazil police seek financial records on film fund linked to Bolsonaro family

Brazil's Federal Police (PF) plans to seek the unsealing of financial records from a U.S.-based fund suspected of receiving money from former banker Daniel Vorcaro. The funds were allegedly channeled to finance the film "Dark Horse," a project centered on former President Jair Bolsonaro.

Investigators are looking into whether these resources were used to cover the expenses of former congressman Eduardo Bolsonaro, who has been residing in the U.S. since February 2025. A significant concern for the PF is the possibility that these funds were part of an effort to exert pressure on Brazilian authorities, potentially with the involvement of the Donald Trump administration.

The money in question reportedly originated from Entre Investimentos e Participações, a company associated with the owner of Banco Master. This company allegedly directed funds to the Havengate Development Fund in Texas, which is administered by Paulo Calixto, an attorney connected to Eduardo Bolsonaro. The amount allegedly transferred for the film's financing is R$ 61 million.

To proceed with the request for financial record unsealing, the PF requires cooperation from U.S. authorities and authorization from the U.S. judiciary. The Brazilian police also intend to utilize Interpol's "Difusão Prata" (Silver Diffusion) in this and other investigations related to Banco Master. Unlike a Red Notice, which focuses on locating fugitives, Silver Diffusion aims to identify, locate, and seize the assets of individuals under investigation.

PF Director-General Andrei Rodrigues stated in a recent interview that an inquiry is necessary to investigate the transfer of Vorcaro's resources to the U.S. under the guise of financing "Dark Horse." He indicated that the PF is considering three potential investigative paths: consolidating these findings with existing Banco Master cases, placing them under the purview of an investigation led by Justice Alexandre de Moraes concerning Eduardo Bolsonaro's actions in the U.S., or distributing them randomly to another Supreme Court justice. The request for unsealing would follow potential approval from the Supreme Federal Court (STF) for a new inquiry.