7th December, 2022
Three alleged members of a fraud syndicate identified as Sanmi Ayodeji, Felix Oluwaseun, and Adeleye Oluwaseun have been arrested by the police over N16.1 million point of sale, POS fraud.
The POS fraud which involved unlawful access to a computer network and manipulation of a POS network was busted by the Cybercrime Unit of the Nigeria Police established about a month ago, CSP Olumuyiwa Adejobi, Force Public Relations Officer said in a statement.
On how the there suspects manipulated the system to carry out the big heist, Adejobi said, “The suspects signed up on a POS platform known as Tmoni Technologies Company using their Bank Verification Numbers (BVN) and those of their friends and relatives without their consent.
“They proceeded to open valid wallet accounts with Tmoni, manipulated the company network security system, and fraudulently transferred funds to the tune of N16.1m from the Tmoni platform to various online accounts from where they made subsequent withdrawals.
“The suspects were eventually arrested in Ibadan, Oyo State, by operatives of the NPF National Cybercrime Centre, after an official complaint was lodged by the financial controller of the Tmoni platform.”
The Police spokesperson said upon their arrest, the suspects were found in possession of several mobile phones, POS machines, SIM cards, ATM Cards, and one Toyota Matrix car with registration no. KUJ 548 CN which they confessed was bought with proceeds of the crime.
“The Inspector-General of Police while calling on users of online banking platforms to be vigilant with regard to their personal information, urges all citizens and residents in the country, as stakeholders in ensuring maximum security, to report all suspicious cyber activities via 09168343711, [email protected] or on the NPF Cybercrime Reporting Portal – https://incb.npf.gov.ng/.
“The IGP similarly commended the Director, NPF National Cybercrime Centre, Deputy Commissioner of Police, Uche Ifeanyi Henry, for his diligence and dedication which has led to the breakthroughs recorded so far.
“The suspects will be charged to court as soon as possible,” Adejobi said.