A 26-year-old suspected POS fraudster has been arrested by men of the Lagos State Police Command, authorities of the Command report in a statement.
According to the statement released on Friday 30th December 2022, by the Lagos State Police Command, the 26-year-old suspected POS fraudster who was identified as one Emmanuel Okorafor, was arrested on Thursday 29th 2022 in the Ojota area of the state. He was caught in an ATM fraud.
In the statement released by the Police, the 26-year-old POS fraudster allegedly confessed that he started it three weeks ago.
The 26-year-old Suspected POS fraudster:
The Police statement further stated that Okorafor has been defrauding POS operators of various sums of money. He normally gives them a figure in seven, which the operator would enter into his POS (N52,000:00). Once the machine is handed to him to enter his PIN, he would cleverly delete two zeros (N5,200:00) before returning it to the operators. With this, the operators pay him N52, 000:00 while he is debited N5, 200:00.
In his confession, he re-enacted the same fraud in five POS points yesterday around Ogudu GRA and Ojota before he was arrested in the evening.
“As at yesterday, three POS operators said he played the same trick on them. His ATM matched that used in defrauding the victim. Some of them said they have accused and sacked many of their attendants for stealing their money.
Investigations revealed that the ATM was used to collect various sums of money ranging from N52,000 to N5500 in many POS points. NOTE: We are not covering his face so that his victims can identify him,” the Police statement added.