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INSS Opens Probe Into Credcesta Consignado After Dataprev Flags 2.75 Million Contracts

Officials cite a pattern of noncompliance that could harm retirees, prompting a call for preventive measures.

Decreto de Rui Costa, em 2022, impediu servidores da Bahia de migrar dívidas do CredCesta do Banco Master para bancos com juros menores.

Overview

  • Dataprev’s consolidated records show Credcesta-linked consignado contracts associated with Banco Master jumped from 104,800 in 2022 to 2.75 million in 2024.
  • The INSS launched a formal inquiry, reported recurrent irregularities in authorization, biometrics and document custody, and requested additional data from Dataprev.
  • The institute reports 324,849 active Master consignado contracts at the end of 2025, a figure that remains at odds with Dataprev’s totals and has not been reconciled.
  • The Federal Prosecution Service opened a public civil inquiry and recommended prioritizing restitution for retirees and pensioners facing improper deductions.
  • Banco Master was put into liquidation after November arrests of Daniel Vorcaro and Augusto Lima in a PF probe into alleged simulated credit portfolios, while complaints logged at Senacon totaled 3,378 from 2020 to 2024.