Skip to main content

RRS Nabs Bank Fraud Syndicate

The operatives of the Rapid Response Squad, RRS, of the Lagos State Police Command have arrested the suspected ring leader and architect of several bank frauds in Lagos State.
The suspected fraudster, Ajisafe Olugbenga, 47, from Osun State, was allegedly the mastermind who had been fingered in several bank frauds.
Ajisafe, who is popularly known as ‘Harrison’ among his gang, was arrested on Tuesday after he was mentioned as the initiator of sims swap deal at a network provider’s outlet in Surulere, Lagos and Abeokuta, Ogun State.
Ajisafe had before his arrest on Tuesday been on the run over his involvement in a N2 million fraud in one of the old generation banks in Lagos State sometime in April, 2016.
The suspect, who is regarded as the chief distributor of roles in all the bank frauds, was alleged to have a vast network with insiders in banks.
Ajisafe was also alleged to have exploited his vast network with insiders in banks to procure bank details of high net worth customers.
It is this information such as account balance, account number and phone number of the owner and e – mail that the gang work on to perpetrate the fraud, sources said.
According to sources, the gang blocks or swaps the sim of the bank customer so that he or she does not receive the transaction on the account, which were mostly perpetrated on a weekend when the money were withdrawn in tranches.
Before this, the bank insider, who has his or her cut on every transaction, would have helped the gang to increase the customer’s withdrawal limit.
Sources disclosed that when the suspected fraudsters were arrested, several print outs of customers details were found with group. It was further revealed that the balances on all the print outs was over N800 million.
Those arrested for prosecution in that case included Michael Adeoye, Ayo Olalekan, Israel Ochenehi, Adegbenro Opeyemi, Obong Udeme – Obot and Peter Ezurike.
The fraud detection last year had instigated the Lagos State Commissioner of Police, Mr Fatai Owoseni to convoke a meeting of bank executives with analysis of strategies adopted by the fraudsters.
It was further disclosed that Mr. Owoseni had urged banks in Lagos State to raise the bar of their anti – fraud internal mechanism.
Ajisafe latest offence was the recruitment of three suspects through which some sim cards belonging to a particular network (name withheld) were being swapped and used for some of the gangs’ bank fraud.
Two of the suspects recruited by Ajisafe for the sim swap; Shamsudeen Olalekan, 35 and Nicholas Egbele, were arrested few days before Ajisafe was picked up on Tuesday.
Also arrested with them was a staff of a popular network provider in an outlet in Abeokuta who has been assisting the gang in sim swapping while another collaborator is said to be on the run.
Olalekan and Egbede had disclosed that they were promised N20,000 for every sim card swapped for the gang.
They also disclosed to the police that Ajisafe upon supplying him their passport photographs, procured national ID cards, with names of bank’s account holder. This is to be accompanied with sworn affidavit on loss of sim card.
Sources revealed that several details of bank customers sent via sms to Ajisafe’s line by some people believed to be banks’ insiders have been retrieved from his phone.
The fraudsters, according to sources met at Idi – Araba, Mushin, National Filling Station in Ikeja Along, Kotangoa Market, Alimosho to perfect their plans whenever they have jobs and to share money.
The four suspects have been transferred to the SCID, Panti for further investigations.

Comments

Popular posts from this blog

Iran will never have a nuclear weapon’- Trump demands reinstatement of all suspended UN sanctions on Iran

US president Donald Trump, has demanded a reinstatement of all suspended United Nations sanctions on Iran, vowing the Iranian regime "will never have a nuclear weapon."   Trump in 2018 pulled out of the nuclear deal orchestrated by the Obama regime which has Russia, Germany, Iran, UK, France , China and the EU as signatories.   According to Trump, Iran was cheating on the deal and were on their way to making a nuclear bomb. The US' withdrawal from the deal forced other major powers such as China, Russia and the EU to criticize the US administration with Iran announcing that it will stop following the deal if the US permanently withdraws from the deal.     Trump has now revealed that the  Secretary of State Mike Pompeo will travel to New York today, Thursday, to discuss with the UN as the US wants all the sanctions against Iran to be reinstated. "It's a snapback," Trump said at a press briefing. "The United States intends to restore all the previously su

Horror as a whistle blower uncovers horrific abuse Chinese company in Aba allegedly subject their Nigerian staff to

                                     A whistleblower has exposed the horrific abuse and discrimination he allegedly uncovered in a Chinese company operating in Nigeria.   The Twitter user said the company located in at Umuahala, Obuzor Asa, in Ukwa West LGA of Abia State, is managed by Chinese while most of their workers are Nigerians.     However, he said the Nigerian staff are made to work under the most "dehumanizing conditions ever known to mankind".   He reported that every Nigerian staff is expected to call every Chinese staff "Master or Mistress".   He added that "male Nigerian workers are physically assaulted, while their female counterparts are sexually assaulted without any consequence."   When a Nigerian staff errs, the Chinese staff allegedly employ the services of Nigerian soldiers to discipline them mercilessly.     He added that the government of Abia State is fully aware of the abuse but chose to remain silent.   He said the company "h

Female journalist shot dead while covering a riot in Londonderry, Ireland

A female journalist has been shot dead while covering a riot in Londonderry, Ireland. Lyra McKee, 29, is believed to have been hit by a stray bullet after a gunman opened fire indiscriminately at around 11pm. Shortly before she was killed, Ms McKee, who was covering the riots, had posted an image from the scene of the riots on Twitter. She captioned it: "Derry tonight. Absolute madness." Shocking footage posted to social media shows a gunman in a mask taking cover near the rioters before firing two shots. Seconds later screams are heard coming from the other end of the road. Police revealed this morning that it believes the New IRA was "most likely" behind McKee's killing, calling Ms McKee a "completely innocent bystander. " Assistant chief constable Mark Hamilton described the killing as "not only a murder of a young woman, it is an attack again on the people of this city." Friends who are mourning McKee de