Brazil Police Indict ‘Careca do INSS’ and 47 Others in $1.24 Billion Pension Fraud

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. —Millions Affected Approximately 6 million INSS beneficiaries had unexplained charges on their pay statements, with millions of those deductions confirmed as irregular or…