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Brazil police target executive linked to Banco Master’s communication efforts

Police say Thiago Miranda hired influencers to defend Banco Master and criticize the central bank, while investigators seized devices and records.

  • On Thursday, Brazil's Federal Police launched an operation targeting executive Thiago Miranda, who was hired by banker Daniel Vorcaro to run a communications campaign defending the now-defunct Banco Master, a court ruling showed.
  • Vorcaro was arrested in March after Brazil's central bank liquidated the lender last year due to a liquidity crisis; Miranda had previously provided information to officials as a witness regarding Vorcaro's past attempts to defend the lender.
  • Supreme Court Justice Andre Mendonca authorized the seizure of electronic devices and documents at addresses linked to Miranda, as evidence suggests the executive hired influencers to attack the central bank and monitored targets including Itau CEO Milton Maluhy Filho.
  • Messages exchanged between Miranda and Vorcaro led investigators to conclude the executive was responsible for gathering information on specific targets, shifting his status from witness to target in the probe.
  • The latest phase of the Master probe exposes a network of influence and undercuts trust in public officials, though Miranda could not be reached for comment by Reuters nor could his legal representatives be identified.
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16 Articles

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Agents find suspicions of a scheme to co-op influencers, monitor journalists and obtain confidential data in favor of Daniel Vorcaro

·São Paulo, Brazil
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PF operates against advertising linked to Vorcaro The Federal Police carried out on Thursday (9) the 10th phase of Operation Compliance Zero, to determine indications of coordinated action on social networks aimed at supposedly compromising the credibility and performance of the Central Bank. Researchers determine the possible action of a criminal organization dedicated to the intimidation of journalists, monitoring of people linked to authoriti…

·Brazil
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<p>The tenth phase of Operation Compliance Zero opens up evidence of clandestine espionage and campaign to compromise the credibility of the Central Bank. Advertising linked to Daniel Vorcaro was the target of search and seizure</p> <media:content url="https://nexo-uploads-beta.s3.amazonaws.com/wp-content/uploads/images/2026/07/thiago-miranda-scaled.webp" type="image/webp" medium="image"> <media:title> Thiago Miranda is designated by Federal Pol…

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CNN Brasil broke the news in São Paulo, Brazil on Thursday, July 9, 2026.
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