Arrested Brazilian banker revealed as owner of $85M Bay Point estate in Miami: sources
The Brazilian banker who was arrested last week as part of what authorities allege is a multibillion-dollar fraud is the owner of a waterfront estate in Miami, and linked to other properties in South Florida, The Real Deal has learned. Banco Master’s CEO and majority shareholder, Daniel Vorcaro, is the true owner of the 20,500-square-foot mansion at 4445 and 4425 Sabal Palm Road in Miami’s gated Bay Point neighborhood, as well as the non-waterfront house across the street at 4430 Sabal Palm Road, sources told TRD. Goldbeach Properties LLC paid $85.2 million for the waterfront estate in January. A month […]This article originally appeared on The Real Deal. Click here to read the full story.
Categories
Recent Posts

Forget Gen Z and Millennials — the over-50s ‘Silver Spenders’ are powering investment opportunities, including these stocks

Airlines cancel 900 more flights but disruptions from winter storm ease. Here’s what to know

Ski-In Telluride Retreat Offers Stylish Year-Round Living for $6.29 Million

One-of-a-Kind Joshua Valley Homestead Meticulously Renovated by Wonder Valley Oil Founders Hits the Market for $1.25 Million

The Salary Needed To Live in America’s 10 Most Expensive Cities

Family-Friendly Metros Have Shrinking Baby Populations. Will They Still Appeal to the Next Generation of Buyers?

Inside Simone Biles and Jonathan Owens’ Christmas Celebration at Their Luxurious New Texas Home

Airlines cancel more than 1,500 flights ahead of winter storm. Here's what to know

‘Today’ Show Host Jason Kennedy Has Just Sold His Sprawling California Home for $3.9 Million

Karoline Leavitt Reveals She Is Pregnant With Her Second Child as She Poses in Front of Christmas Tree at Home
GET MORE INFORMATION

Stevan Stanisic
Real Estate Advisor | License ID: SL3518131
Real Estate Advisor License ID: SL3518131
