pension fraud

Pension fraud involves illegal actions that deceive individuals or organizations regarding pension funds. This can occur in various ways, such as falsifying information to claim benefits without eligibility, misappropriating pension assets, or providing misleading investment advice to retirees. For instance, scammers might promise unrealistic returns on pension investments or create fake pension schemes. This type of fraud not only affects individuals' financial security but can also strain the broader pension system. It's essential to verify information and rely on trusted sources to protect oneself from potential scams related to pensions.