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Source: THE AS­SO­CI­AT­ED PRESS

Brazil ‘s fed­er­al po­lice said Wednes­day they are in­ves­ti­gat­ing a scheme that di­vert­ed over 6 bil­lion reais (US$1.05 bil­lion) from pen­sions paid by the Na­tion­al So­cial Se­cu­ri­ty In­sti­tute.

The probe tar­gets 11 or­ga­ni­za­tions that op­er­at­ed be­tween 2019 and 2024, au­thor­i­ties told re­porters. The scheme had re­tirees list­ed as mem­bers of as­so­ci­a­tions that col­lect­ed part of their month­ly pen­sions as fees for the or­ga­ni­za­tions. How­ev­er, the re­tirees had nev­er joined such as­so­ci­a­tions nor au­tho­rized the de­duc­tions.