A 45-year-old man, Adewale Adesanya, has confessed to generating fake bank alerts to defraud Point of Sale (POS) operators and business owners in Oyo State.
The State Commissioner of Police, Adebowale Williams, while parading the suspect at the police headquarters, Eleyele, Ibadan, 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.
Adesanya was arrested with four bottles of a champagne brand, Dom Perignom, valued at N117,900 each.
According to Daily Trust, the suspect said that his colleague in the business trained him in the fraudulent act.
He said they bought goods worth millions of naira with fake alerts they generated with an application on their phone.
The suspect 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.”