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Brazilian police probe a pension fraud scheme that stole $1 billion from retirees

  • Brazilian federal police investigate a scheme diverting pension funds from retirees since 2019.
  • The scheme listed retirees as association members without their consent to collect fees.
  • The probe targets eleven organizations and led to INSS director removals.
  • The scheme diverted over six billion reais, and police seized one billion reais.
  • Those investigated could face corruption and criminal organization charges based on evidence.
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UOL broke the news in Brazil on Wednesday, April 23, 2025.
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