Bank is sentenced to indemnify old lady for payroll loans taken out with false signatures

Taken from the São Paulo Court of Justice website

In case no. 1015479-02.2020.8.26.0071 , the 22nd Chamber of Private Law of the São Paulo Court of Justice upheld a decision by the 2nd Civil Court of Bauru which ordered a bank to compensate an elderly woman for moral damages and to refund her the amounts deducted from payroll loans fraudulently taken out by a third party.

The amount of compensation was increased to R$15,000. A daily fine of R$1,000 was also established if the bank does not return the money within a maximum of five days.

The forgers took out five payroll loans with the bank where the plaintiff, a 77-year-old woman, receives her social security benefits. An expert graphotechnical report proved that the signatures on the contracts were forged.

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Whenever there is any kind of undue deduction from your retirement benefits, it is important to go to the INSS office and seek legal advice.