Sunday, Jun 16, 2019
NIS fraud
08 Nov

The National Insurance Department is reminding businesses that before they disburse cash for NIS cheques, they should enforce strict procedures to verify the validity of cheques and the identity of the recipients of the funds.

The Department says it has received reports of fraudulent activity involving pension cheques.

The NIS has warned businesses that banks, credit unions and post offices are the authorized institutions for the encashment of National Insurance cheques and honouring such cheques would be at their own risk.