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Hong Kong's MPF Scheme Exposed to Fraudulent Certificates

Forged Certificates in Pension Payouts: A Bigger Problem Lurking in the Shadows Recent reports of fraudulent certificates used to withdraw pension contributions from Hong Kong's Mandatory Provident Fund (MPF) schemes serve as a sobering reminder that even in routine transactions, exploitation and abuse are possible.

At first glance, these incidents may seem isolated, but they reveal a more complex web of issues.

The MPFA's online platform has been scrutinizing pension withdrawal applications, flagging instances where fake medical certificates are used to justify early withdrawals on health grounds.

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