Federal Police Seizes Lamborghini, Jewelry, and Works of Art in Operation Investigating INSS Fraud; Political Implications Include Ministerial Resignations and Billions in Suspicious Discounts
The Federal Police seized a Lamborghini, jewelry, watches, and art pieces in the apartment of Maurício Camisotti, a businessman identified as one of the main targets of the operation investigating billion-dollar frauds in the INSS.
The action took place in April and had significant political implications, such as the resignation of the president of INSS and the Minister of Social Security.
Lamborghini and Other Luxury Items Seized in São Paulo
In Camisotti’s apartment, located in the Jardim Europa neighborhood, an affluent area of São Paulo, high-value items were discovered.
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The list includes a 2020 Lamborghini Urus, valued at up to R$ 2.6 million, seven watches from brands such as Richard Mille, Hublot, and Breitling, six jewelry sets, and five paintings — among them, a work by Di Cavalcanti. The Federal Police also seized a Toyota Hilux and another 51 pieces of jewelry.
The items were taken for forensic analysis. Photos show some of the art pieces found at the location, including paintings by Claudio Tozzi and Inos Corradin.
Businessman Denies Wrongdoing
Camisotti’s defense stated that all assets were legally acquired over three decades in the health sector.
The businessman’s lawyer, Pierpaolo Bottini, claimed that the contracts with the entities under investigation are legitimate and formalized, with services rendered and proven. He also asserted that the accusation of using “fronts” is “biased.”
Suspicions About Association Linked to the Group
The investigation indicates that Camisotti is the true owner of a network of companies and health and insurance entities that benefited from transfers of at least R$ 43 million.
Among these entities is Ambec, the third association that deducted the most amounts from INSS beneficiaries in 2024. It is suspected of being run by fronts linked to the businessman.
Founded in 2006, Ambec is headquartered in Vila Olímpia (SP) and was once presided over by Maria Inês Batista de Almeida, a former dental assistant linked to Camisotti’s THG group.
In two years, the discounts made by the association surged from R$ 25 million to R$ 231.3 million, representing 8.8% of the total transfers from associations in 2024.
The number of members also saw a significant increase: from three to over 600,000 between 2022 and 2024.
Other Entities Under Scrutiny
According to the Federal Police and the CGU, since 2016, R$ 7.99 billion has been improperly deducted from retirees and pensioners. The inquiry suggests that, in addition to Ambec, the THG group also controls two other entities: Unsbras and Cebap.
Together, the three accounted for R$ 456.5 million in deductions in 2024 alone, surpassing even Contag, the individual leader in deducted amounts, with R$ 435 million.
Political Implications and Origin of the Investigation into the Frauds
The investigations began after reports by journalist Luiz Vassalo, leading to actions by the CGU and the Federal Police. The scheme allegedly started back in 2019 and expanded in the following years. In April 2025, the deductions were reportedly suspended.
The operation had immediate effects. The then president of INSS, Alessandro Stefanutto, and the Minister of Social Security, Carlos Lupi, left their positions. The resignations were confirmed after a meeting with President Luiz Inácio Lula da Silva.
Political Dispute Following Revelations
The scandal generated reactions in Congress. Deputy Nikolas Ferreira (PL-MG) blamed the Lula government for the frauds. In response, Deputy André Janones (Avante-MG) defended the current administration and held the previous government, led by Jair Bolsonaro, accountable for the irregularities.
According to the data, about 6 million beneficiaries had monthly deductions from their benefits, totaling R$ 6.3 billion. Most, according to investigators, did not authorize these deductions.
With information from O Antogonista.

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