Luxury Cars Seized in Massive Brazilian INSS Fraud

Federal Police Seize Luxury Cars in INSS Fraud Investigation Brazil's Federal Police carried out a major operation on May 20, 2025, seizing luxury vehicles belonging to Antonio Carlos Camilo Antunes, nicknamed "Careca do INSS." Antunes is suspected of being the ringleader of a vast fraud scheme involving the Instituto Nacional do Seguro Social (INSS), Brazil's social security agency. The operation resulted in the seizure of two BMWs, two Porsches, and a Land Rover, with a combined value of R$3.2 million. According to investigators, Antunes is suspected of moving R$ 53.5 million through various companies, using funds illegally obtained through the INSS fraud to acquire these luxury assets. "The investigation is ongoing, and we expect further arrests and asset seizures in the coming days," stated a Federal Police spokesperson, who wished to remain anonymous. The investigation is ongoing, and details regarding the scope of the fraud and the involvement of other individuals are still emerging. The case highlights the ongoing challenges in combating fraud within Brazil's social security system. The successful seizure of assets represents a significant step in bringing those responsible to justice and recovering funds for the INSS.