The Oyo State Police Command has arrested a suspected fraudster, Adewale Adesanya, who swindled Point of Sale (POS) operators and business owners with fake bank alerts in Ibadan.

Parading the suspect at the Police Headquarters, Eleyele, Ibadan, the Commissioner of Police, Adebowale Williams, said Adesanya, who resided at 7, Awosika Street, Old Bodija, Ibadan; was arrested by a team of detectives led by Inspector Esoso Esoso.

45-year-old Adesanya was arrested with four bottles of a champagne brand –Dom Perignon, valued at N117,900, all bought with fake alerts.

Reports had it that the suspect confessed 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.

In his confession, he said, “I cannot lie again. We are indeed 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”, he added.

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