"We make millions of Naira with this business" - Suspect reveals how they defraud POS operators, business owners with fake bank alerts in Oyo

 

The Oyo State Police Command has captured a suspected fraudster, Adewale Adesanya, who swindled Point of Sale (POS) administrators and entrepreneurs with counterfeit bank alerts.

Strutting the suspect at the police base camp, Eleyele, Ibadan, the Commissioner of Police, Adebowale Williams, said Adesanya, who dwelled at No 7, Awosika Street, Old Bodija, Ibadan, was captured by a group of criminal investigators led by Insp Esoso Esoso.

Adesanya,45, was captured with four bottles of a champagne brand, Dom Perignom, esteemed at N117,900 each he purchased with counterfeit alerts.

Addressing Daily Trust, the suspect admitted that his associate in the business prepared him in the fraudulent act.

He said they purchased products worth millions of naira with counterfeit alerts they generated with an application on their telephone.

The suspect said the last exchange he did which exposed him was about N185,000 for which he produced a fake alert for a POS administrator in Ibadan.

"I cannot lie again. It is true we are doing the business. We have an application we use to generate fake alerts for POS operators. I am not the only one doing it. My second person fled when he heard I was arrested. We make millions of naira with this business. The last one I did was N185,000." he said.