National Bank warns Kazakhstanis about new fraud schemes

Tengrinews.kz - The National Bank of Kazakhstan has issued a warning about new fraud schemes related to cash-in-transit services.
According to the statement, online advertisements have emerged offering cash-in-transit services from companies that do not hold the required license from the National Bank.

"In particular, there have been cases of unauthorized use of license details from the National Bank, which were actually issued to a different organization. This information was posted on the website of an entity calling itself LLP 'BRINKS Cash-in-Transit Service' (not to be confused with the international company The Brink’s Company) to create a false impression of legitimacy," the statement said.

The National Bank warns that dealing with unlicensed companies poses risks and may result in the loss of valuables.
Individuals and businesses are advised to verify the legitimacy of licenses on the official website of the National Bank. In cases of suspected fraud, citizens are urged to contact law enforcement authorities.
Earlier, it was reported that suspicious banking transactions totaling nearly 1.5 billion tenge were blocked in Kazakhstan. The fraudulent activities were identified by the National Bank's Anti-Fraud Center.