IMSS chief exposes pension fraud scheme via Modalidad 40, 115 complaints filed

Zoé Robledo, director of Mexico's IMSS, publicly revealed a fraudulent scheme exploiting Modalidad 40 to inflate pensions by up to 1,000% using loans and phantom companies. The scheme reportedly involves 115 complaints, indicating systemic abuse within the pension system. This development signals potential legal and administrative crackdowns, affecting pension fund integrity and public trust.

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