Police surveillance of automated teller machines in the Nigel area shortly after South African Social Security Agency payments were disbursed netted 11 people in possession of thousands of bank cards. "Criminal cases have been opened and the suspects will appear in court tomorrow," the National Credit Regulator (NCR) said in a statement. "The focus of this kind of operation is primarily to identify credit providers who are unlawfully retaining pension cards, bank cards, identity documents and PIN numbers of their clients as surety," NCR investigations and enforcements department manager Jacqueline Peters said. "Retaining these cards is a contravention of the National Credit Act and is a criminal offence."
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.