Beware: Details Of How Suspect Committed N120 Million Fraud Using Opay, Moniepoint

Bauchi State Police Com­mand has arrested a 34-year-old suspect, Glory Samuel for al­legedly defrauding a business­man in the state of the sum of N120 million.

This is coming on the heels of a complaint filed on April 1, 2024, regarding suspicious with­drawals totaling N2,068,000 from the complainant’s company bank account.

The State Intelligence Depart­ment investigated the case and revealed that the suspect had un­lawfully withdrawn a significant amount of N120 million from the complainant’s bank account.

During interrogation, Glory Samuel allegedly admitted to betraying the trust of his neigh­bour, the complainant, with whom he had shared a market space for over 15 years.

Beware: Details Of How Suspect Committed N120 Million Fraud Using Opay, Moniepoint

Glory Samuel disclosed that a friend he had met at Federal Polytechnic, Bauchi in 2011, be­fore dropping out of Computer Science, convinced him that he could make money by accessing a wealthy individual’s phone.

Exploiting the complainant’s trust, Glory Samuel deceitfully borrowed the phone, allowing his accomplice to install financial ap­plications such as Opay and Mon­iePoint, he said, adding, “This ac­cess enabled them to transfer the funds to different bank accounts on various occasions.”

According to police, following the investigation, the following items were recovered from the suspect: Eight Tricycles (Keke NAPEP), N35,000,000 in cash, Two uncompleted buildings, Sixty bags of cooking charcoal, Thirty bags of fertilizer, Two motorcy­cles and Two industrial sewing machines.

The suspect, whose lifestyle had dramatically changed, as­sured his Uncle and girlfriend that he was earning money through an online business when they inquired about his newfound income.

Consequently, the suspect will face legal charges in court.

The Commissioner of Police, Auwal Musa Mohammed, urged the public to remain vigilant and ensure the security of their finan­cial platforms.