Police Arrests Banker Over N10M Fraud

The Police in Oyo state have arrested Adeyemi Tosin, a banker with a first-generation bank over an N10m fraud.

Mr. Adewale Osifeso, the spokesman of the Oyo State Police Command made the revelation through a statement made available to newsmen Ibadan on Tuesday.

Osifeso said the suspect fraudulently siphoned the money from the account of a 78 years old Mr. Oladele Adisa Quadri between the 12 and 13th of this month.

Speaking further, he confirmed that investigations are still in progress, and then urged members of the public to partner with the Police in sharing credible information.

According to the statement, “In a conscious effort to rid Oyo State off unscrupulous and sinister minded elements, Oyo State Police Command in an intelligence-led and purposeful driven operation under the constructive leadership of CP Ngozi Onadeko, has apprehended one Adeyemi Tosin ‘m’ age 36 years, a banker/marketer with a first-generation bank who surreptitiously siphoned ten million naira (N10,000,000) from the account of one Oladele Adida Quadri ‘m’ age 78yrs with bank account domiciled at the Challenge Branch of the Bank between 12th-13th of August 2021.

“Preliminary inquiry reveals that the victim’s dilemma began on the 12th July 2021 after his ATM card got trapped at the bank’s Automated Teller Machine after a failed transaction at the Challenge, Ibadan branch and the aforementioned suspect, a Banker at the branch, was approached for assistance at the Banking Hall.

“The suspect, one Adeyemi Tosin ‘m’ age 36 years, after acquiring the details of his unsuspecting victim, then proceeded to open a virtual account with another bank where the victim’s money was lodged with the intention of gradual withdrawals at a later period.

“While comprehensive investigations are still in progress to crackdown the criminal network and other accomplices, the Commissioner of Police, Oyo State Command, CP Ngozi Onadeko enjoins the good people of the state to partner with the Police in terms of sharing credible and timely information valuable in curbing criminality and birthing a peaceful Oyo State.”