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June 2024

17Jun

UK. DWP Spending Review May Require PIP Recipients to Repay Money

The Department for Work and Pensions (DWP) provides State Pension and welfare benefits to about 22.7 million people across the United Kingdom. New numbers revealed in the 2024 Fraud and Error in the Benefit System report show that the overall number of benefit overpayments over the last year was £9.7 billion (3.7%), up from £8.3 billion in 2023. Personal Independence Payment (PIP) was implemented in 2013 to aid with additional expenditures associated with a long-term disability or health condition. The numbers reveal that...

June 17, 2024
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June 2023

15Jun

Jamaica. Opposition concerned about pensions fraud probe launched at labour ministry

Opposition Spokesperson on Labour and Social Security, Dr Angela Brown Burke, has expressed deep concern over recent allegations regarding a pension fraud probe at the Ministry of Labour and Social Security in which hundreds of millions of taxpayers' money have gone missing. Reports are that internal audits at the ministry revealed that money paid out under the National Insurance Scheme (NIS) is more than twice the amount which should have been paid based on the pension order books issued by...

June 15, 2023
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August 2018

02Aug

Papua New Guinea. Top PNG pension fund officer arrested by fraud squad

David Brown is the Independent Non-Executive Director of an Australian wealth management product provider, ClearView Wealth Ltd. The company has confirmed in a statement that he was arrested and charged with one count of conspiracy to defraud by PNG's National Fraud & Anti-Corruption Directorate.   Read more Radionz  

August 2, 2018
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