fraud scheme

Brazil’s social security minister steps down amid pension fraud investigation

May 2, 2025

SAO PAULO (AP) — Brazil ’s social security minister resigned Friday amid a police probe into a billion-dollar fraud scheme involving pension payments by the National Social Security Institute.President...

Former CEO of Brazilian retail giant Americanas arrested amid allegations of billions in fraud

June 28, 2024

SAO PAULO (AP) — Brazil-Retail-FraudThe former CEO of Brazilian retail giant Americanas, Miguel Gutierrez, was arrested Friday in Madrid, accused of participating in a 25 billion reais ($4.5 billion)...