Brazil Police Indict ‘Careca do INSS’ and 47 Others in $1.24 Billion Pension Fraud
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What happened
Brazil · Crime Key Facts —Unprecedented Scale Authorities estimate unauthorized deductions from retiree benefits totaled roughly R$6. 3 billion (about US$1. 2 billion) between 2019 and 2024, marking one of Brazil’s largest social-security frauds.