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PoS Scam: Nigeria Police detectives crack 4-man syndicate for defrauding victims N4.8m

Photo Collage of Bundles of Naira Notes and PoS Machine

*The Katsina State Police Command discloses investigation revealed the four-man syndicate swapped the Point of Sale (PoS) machines of unsuspecting business-owner victims with fake ones that looked identical, and criminally, withdrew money from the victims’ bank accounts

Isola Moses | ConsumerConnect

The Katsina State Command of the Nigeria Police says it has busted a four-man syndicate of fraudsters that specialised in swapping Point of Sale (POS) machines to wipe out unwary victims’ bank accounts.

ASP Abubakar Sadiq, Police Spokesman, who stated this while parading the suspects at the Command Headquarters Thursday, May 23, 2024, in Katsina State, said the suspects were arrested May 12 at about 1000hrs following a tip-off.

Investigation revealed that the syndicate criminally swapped the PoS machines of unsuspecting consumers of financial products and services with fake ones that looked identical, and then criminally withdrew money from the victims’ bank accounts.

ASP Sadiq also disclosed the arrested suspects confessed to committing the offence during the Police investigation.

The Command Spokesman identified the suspects as (1) Abdulhakeem Haruna alias Tainure, m, age 20, of Magamar Jibia, Jibia LGA, (2) Habibu Kabir alias Latti, m, age 28, of Sabuwar Unguwa quarters, Katsina LGA, (3) Aminu Abubakar, m, age 27, of Barhim quarters, and (4) Abubakar Bishir alias Dogari, m, age 25, of Sabon Titin Kwado, Katsina.

Sadiq said CP Aliyu Abubakar Musa, Commissioner of Police in Katsina State, had commended the operatives for a job well done.

The Katsina State Commissioner of Police, therefore, urged members of the public to be vigilant and report any suspicious activities to the Command for swift and decisive action.

CP Musa also pledged the commitment of the Police Command to working tirelessly to ensure that fraudsters are brought to book, and members of the public are protected from their criminal activities.

He stated: “The suspects had swindled five victims who are mostly business owners a total sum of four million, seven hundred and sixty-three thousand, six hundred Naira (₦4,763,600) as four (4) PoS machines were recovered in their possession.”

ConsumerConnect learnt that PoS rackets are on the increase in the Nigerian economy in recent times, as some unscrupulous PoS operators have now resorted to using these machines to defraud unsuspecting customers, resulting in many more consumers falling victim to such fraudulent activities.

A new facet of the fraud associated with PoS machines involves incorporating mobility into illicit business practices, according to report.

On drug-and-rob armed burglars

In a related development, the Police Command also revealed that its operatives succeeded in arresting certain Umar Musbahu, male, of Behind Garka Quarters, Daura Local Government Area (LGA), a suspected armed robber/tricycle snatcher.

Musbahu, a member of a syndicate of suspected armed robbers, who had been terrorising commercial tricyclists (KEKE NAPEP) in the state, was arrested in connection with a string of armed robberies targeting unsuspecting commercial tricycle riders, the Command said.

It noted: “On May 16, 2024, at about 2225 hrs, at Barhim roundabout, with the aid of some good Samaritans, our operatives succeeded in arresting the suspect while attempting to rob a commercial tricycle rider as other members of the syndicate escaped.

“The syndicates’ modus operandi is to drug their victims by offering them drinks laced with sedatives before robbing them of their tricycles. However, during the arrest, as efforts are being made to apprehend them.”

The Police Command added: “In the course of an investigation, two (2) other victims identified the suspect, corroborating his involvement in the crimes robbing them of their tricycles valued at one million, six hundred thousand naira (₦1,600,000.00) and two million, two hundred and fifty thousand Naira (₦2,250,000.00) respectively.

“During interrogation, the suspect confessed to the commission of the offence and further mentioned one (1) Abdulrahman, m, of Jibia and (2) Dan Hajiya, m, of Katsina state both now at large; efforts are being intensified to arrest the fleeing suspects. An investigation is currently ongoing.”

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