The Lagos State Rapid Response Squad(RRS) have arrested one Emmanuel Okorafor on account of ATM fraud.
Okorafor, who is 26, told law enforcement that he had been at it for three weeks now.
His(Okorafor) modus operandi is this: he would approach a POS operator and give them a figure in seven, which the operator would enter into his POS (N52,000:00).
Once the machine is handed to him to input his PIN, he would shrewdly delete two zeros (N5,200:00) before returning it to the operators.With this, the operators pay him N52, 000:00 while he is debited N5, 200:00.
In his confession, he carried similar frauds in five POS stands yesterday around Ogudu GRA and Ojota before he was arrested in the evening.
As at yesterday, three POS operators said he played the same trick on them. His ATM matched the one that was used in defrauding the victims.
Some of the POS owners said they have accused and sacked many of the hired operators for stealing their money.
Further investigation into his activities revealed that the ATM card retrieved from the suspect was used to collect various sums of money ranging from N52,000 to N5,500 at different POS points.
NOTE: We are not covering his face so that his victims can identify him.
