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‘I defraud people with their bank accounts’

‘I defraud people with their bank accounts’

By Tola Gbadamosi
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Damilola Arowolo, a specialist in defrauding shop owners through the use of Point on Sale (POS) in Akure, has confessed that he only needed peoples’ account names to carry out his operation.

The 26-year-old suspect, who claimed he is a graduate of the Federal Polytechnic, Ado-Ekiti, was recently apprehended by detectives from the Ondo State Police Command, after he defrauded one Mr Olusola Ayodeji, a wares seller, through POS.

 He told journalists in Akure that all he needed is the name of the account and he would perfect the editing in his own computer, while the customer will get a fake alert.

Arowolo, who was said to have been in the act for a week, met his waterloo in the early hours of Monday, when he was caught by the police at his location in Oke-Aro area of Akure.

 ” All I do is to put in the clients’ bank account number and edit if from my end.

“After some minutes, they will get fake bank alert message.

“I have been on this for a week now. I got trained by a friend here in Akure. I got the idea through a friend that introduced me to it.

 “It’s a one-man business and I have been able to trick six people since this is my first week after my training in which I have made N64,000,” he revealed.

Arowolo further said that he once worked in a hotel and also ran a joint laundry service with a friend before becoming a specialized POS fraudster in Akure, the state capital.

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 Police reports said that, the suspect has confessed to defrauding many other innocent people, as investigation is on while the suspect would be arraigned in court.

 The report said that it has become necessary at this point to alert members of the public to a new method being adopted by some men to defraud people.

“These unscrupulous elements go to commercial outlets including shops, hotel etc. and purchase goods/services requesting to be allowed to pay through POS.

 They, then, proceed to manipulate the POS and generate credit alert without the account being credited.

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