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Brazil: R$6.3 Billion Pension Fraud Leads to Official Suspensions
Brazilian authorities uncovered a R$6.3 billion scheme involving unauthorized deductions from INSS pensions, leading to the suspension of six officials including the INSS president, after an investigation found 97% of a sample of 1,300 retirees never authorized deductions.
Brazil: R$6.3 Billion Pension Fraud Leads to Official Suspensions
Brazilian authorities uncovered a R$6.3 billion scheme involving unauthorized deductions from INSS pensions, leading to the suspension of six officials including the INSS president, after an investigation found 97% of a sample of 1,300 retirees never authorized deductions.
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