SEC
Whistleblower
Advocates

May 11, 2017

Miles S. Nadal

Financial Fraud

SANCTION AMOUNT: $5,500,000

Defendants: Miles S. Nadal

Respondent was the former CEO of MDC Partners, a New York-based marketing company. He allegedly participated in causing the company to fail to disclose personal benefits paid on his behalf, above and beyond an annual $500,000 perquisite allowance. Such benefits included private aircraft usage, club memberships, cosmetic surgery, yacht and sports car expenses, jewelry, charitable donations, pet care, and personal travel expenses.

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