According to N12, suspects provided victims with accurate personal information, convinced them they were owed money from insurance accounts, and instructed them to provide a code for cash withdrawal without a card. The suspects then used those codes to withdraw cash from bank branches and fled.
In a new report published Sunday, N12 detailed how suspects in a fraud scheme used victims' accurate personal information to gain their trust and convince them they were owed money from insurance accounts. The suspects obtained cardless cash withdrawal codes from the victims and used them to withdraw money from bank branches before fleeing. The report adds specific details to the case that first emerged earlier today.
The Zioneer first reported on the case at 14:59 Jerusalem time Sunday, when police announced the arrest of a couple from central Israel suspected of operating a fraud network that impersonated insurance company representatives. The initial report indicated over 50 victims, mostly from the Arab community. Subsequent updates at the same time specified that the suspects used cardless cash withdrawal codes to steal hundreds of thousands of shekels. The N12 report now provides further detail on how the suspects obtained the codes by providing victims with accurate personal information.
The Zioneer has previously reported on similar fraud schemes. In a related case, police arrested a couple suspected of impersonating insurance agents to defraud dozens of victims, as reported on Sunday at 15:13 Jerusalem. Separately, an indictment was filed in Haifa in a different case involving forced ATM withdrawals.
The N12 report does not specify whether the suspects have been identified or arrested, but police have already arrested a couple in connection with the case. It remains unclear whether additional suspects are involved or if the suspects named in the N12 report are the same individuals already in custody.
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