Cheque fraud unnerves KRG

KRG finance director Nancy Maloley told the regional council that the KRG “has been victim of important fraud attempts,” using altered and counterfeit cheques.

The most recent attempt at fraud involved a $20,000 cheque, but Malloley said her department caught this and all the falsified or false cheques to date. She said KRG has not suffered any financial losses.

Police are investigating the fraud, Malloley told the council.