How we defraud POS operators, business owners with fake bank alerts in Oyo – Suspect

45-year-old Adewale Adesanya has been arrested by men of the Oyo State Police for generating fake bank alerts to defraud Point of Sale (POS) operators and business owners.

He said his colleague in the business trained him in the fraudulent act after he was arrested with four bottles of a champagne brand, Dom Perignom, valued at N117,900 each.

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.