Oyo State Police Command have arrested a 45-year-old man, Adewale Adesanya, for generating fake bank alerts to defraud Point of Sale (POS) operators and business owners.
The suspect who was arrested with four bottles of a champagne brand, Dom Perignom, valued at N117,900 each, confirmed to reporters that his colleague in the business trained him in the fraudulent act.
Adesanya said they bought goods worth millions of naira with fake alerts they generated with an application on their phone.
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He said the last transaction he did which exposed him was about N185,000 for which he generated a fake alert for a POS operator in Ibadan.
He said, “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.”
Parading the suspect at the police headquarters, Eleyele, Ibadan, the Commissioner of Police, Adebowale Williams, said the suspect who resided at No 7, Awosika Street, Old Bodija, Ibadan, was arrested by a team of detectives led by Insp Esoso Esoso.