Flavio Bolsonaro Confirms $24 Million Dark Horse Funding Deal With Jailed Banker

5 articles · Updated · Reuters · May 15

Flavio Bolsonaro said he arranged private backing for “Dark Horse,” a Jim Caviezel biopic about his father, through Daniel Vorcaro, the banker arrested in March in a multibillion-dollar fraud probe.
The Intercept Brasil reported Vorcaro promised $24 million and had effectively paid about half, citing seized messages in which the senator and banker discussed the project and a possible dinner with Caviezel and director Cyrus Nowrasteh.
GOUP Entertainment denied receiving any money from Vorcaro or his companies, saying the film has more than 10 investors, while Bolsonaro said the banker stopped making installment payments and other backers were sought.
The disclosure undercut Bolsonaro after he had recently denied links to Vorcaro, and pollsters said the Banco Master scandal has likely hurt him as he runs virtually tied with President Luiz Inacio Lula da Silva before October's election.
A $24 million commitment would rank “Dark Horse” among Brazil’s costliest films; Bolsonaro said total costs were around $16 million beyond initial investment, far above recent Oscar-contending Brazilian productions.

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Beyond the biopic, where did the billions from Brazil's biggest alleged bank fraud actually go?