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First Cases: Fraudsters Have Already Embezzled Withdrawn Second-Pillar Pension Money

The first cases of fraudsters defrauding newly withdrawn second-pillar pension funds. The Prime Minister proposes to introduce an obligation for banks to delay transfers. Banks say that delaying transfers would be a step backward, and remind that people can do it themselves even now. The Bank of Lithuania is considering whether financial institutions should cover part of the money defrauded by fraudsters.

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The first cases of fraudsters defrauding newly withdrawn second-pillar pension funds. The Prime Minister proposes to introduce an obligation for banks to delay transfers. Banks say that delaying transfers would be a step backward, and remind that people can do it themselves even now. The Bank of Lithuania is considering whether financial institutions should cover part of the money defrauded by fraudsters.

·Vilnius, Lithuania
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Lietuvos Radijas ir Televizija broke the news in Vilnius, Lithuania on Friday, January 30, 2026.
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