Advertiser investigated by the PF in the Master case announces agency closure and sabbatical year

"I'm tired. It's been ten uninterrupted years, living the agency 24 hours a day, non-stop. Now, I want to take a sabbatical year before thinking about my next business. I'm well, happy and professionally fulfilled", says Miranda in a note released on social media.

The note also states that Miranda led strategies for influential names in politics over the last decade, was behind the scenes of "some of the biggest crises in Brazil and the world" and is ending "one of the most remarkable cycles in Brazilian communication".

The announcement comes just days after a search and seizure operation by the PF against Miranda, hired for the Vorcaro crisis management project. The PF seized cell phones and electronic equipment used by the advertiser at his home. He denies any wrongdoing.

The PF stated that the operation against Miranda investigates coordinated action on social networks to, in theory, compromise the credibility of the BC's actions. Contracts with influencers who attacked the municipality and the investigators of the Master case, signed by the Mithi agency, reached R$8 million.

Most of them, however, were interrupted after the PF began investigating the bombing against BC in January. Of the R$8 million described in the contracts, Miranda made payments of R$3.5 million between the end of December 2025 and January 5 of this year. The transfers occurred after he had received the same amount from Super Empreendimentos, a company linked to Vorcaro.

Dialogues between the former banker and Miranda, between March and April 2025, also showed attempts by the two to "brake" the work of journalist Malu Gaspar, columnist for the newspaper O Globo, by carrying out a search for her private data. Vorcaro would also have ordered a dossier against the CEO of Itaú Unibanco, Milton Maluhy Filho, from the publicist.

The investigations investigate the activities of a possible criminal organization dedicated to the intimidation of journalists, the illicit monitoring of people linked to public authorities, the improper obtaining of confidential information and the adoption of measures aimed at interfering in criminal investigations.

According to the PF, the facts investigated could, in theory, constitute crimes against the national financial system, a criminal organization, embarrassment to the investigation of a criminal organization, in addition to other related crimes, including possible violations of data and IT devices.

On July 9, the date on which the PF operation took place, Thiago Miranda's defense stated that the advertiser "categorically refutes" the practice of any illegality and maintains that his professional performance has always been guided by legality, transparency, respect for institutions and freedom of expression.

According to the lawyers, he did not commit any criminal act or participate in conduct intended to intimidate, coerce, embarrass or violate the rights of third parties. The note also states that the existence of an investigation does not authorize an early judgment of guilt and calls for respect for constitutional guarantees, such as due legal process, full defense, adversarial proceedings and the presumption of innocence.

Who is the businessman Thiago Miranda, target of the PF operation on Master

Federal Police investigate Thiago Miranda on suspicion of intermediating actions against the Central Bank and payments linked to Banco Master. The advertiser's defense denies any illegality and states that he will collaborate with the authorities