Po­lice crack down on mas­sive pen­sion fraud

The Myanmar Times - - World -

Brazil­ian po­lice have staged a mas­sive raid to crack down on what they de­scribed as ram­pant fraud in the pen­sion sys­tem, one of the world’s most gen­er­ous – and most over-stretched. In the lat­est graft sting for cor­rup­tion-weary Brazil, more than 500 of­fi­cers across eight states seized 90 build­ings, im­pounded more than 100 cars and froze a to­tal of 8 bil­lion re­als (US$2.5 bil­lion) in as­sets.

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