A man who is a member of a syndicate that has been duping banks of millions of naira through the use of fraudulent bank alerts, Abdullahi Rauf,
has been arrested by the Ogun State Police Command for allegedly
defrauding an electronic company and stealing money and items worth N3
million through the alerts.
The 42-year-old Rauf is currently in police custody.
Rauf's
mode of operation, according to the affected company, is by buying the
items with the promise to pay through a bank transfer; true to his
words, the firm would receive bank alerts, signifying he had credited
its account.
What the company did not know was
that the bank alerts were fake. But on close scrutiny of its accounts,
it discovered that they had been duped as no money was remitted into
their coffers.
The company then invited the police
who picked up Rauf on January 19. The suspect confessed that he used to
sign cheques and pay them in on Fridays, knowing that the bank would
alert the account owner of the payment even when the cheques had not
been cleared.
The Ogun State Police Public
Relations Officer (PPRO), Ademuyiwa Adejobi, disclosed that by the time
such cheques get to the clearing house, it will be discovered that they
are bounced.
"The company (or other affected individuals) would not be able to get the expected money.
In
other words, the bank alerts would deceive the company to release goods
to the suspect with the hope that the suspect has paid into the
company’s account."
Posted By:
OluwaFeranmi Jaybyte Ogunsuyi
Twitter: @JAYBYTE
Email: zondoblogger@gmail.com
Tel: +2348071725990
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