EFCC witness reveals PoS fraudsters’ tactics

0
123

An Economic and Financial Crimes Commission (EFCC) witness, John Effiong Etim, on Friday revealed how Point of Sale (PoS) scammers operate.

He testified against a PoS fraud suspect, Austin Christopher Essiet.

Essiet is standing trial before Justice Agatha Okeke of the Federal High Court Sitting in Uyo, Akwa Ibom State for allegedly stealing N150,000.

Etim, a PoS agent, told prosecuting counsel, Agbo Abuh, that the defendant made fraudulent withdrawals on two occasions through cardless transfer which resulted in freeze of his account.

He recalled that the transactions made the bank compel him to refund the victims before the restriction was lifted.

Etim narrated that Essiet was at his shop on August 10, 2020 and requested N150,000.

“In cardless withdrawals, the person will have to come with account number and SIM card will be used to receive alerts. The withdrawal limit is N50,000, so I repeated thrice and gave him N150,000 cash. He gave me N2,000 as service charge.

“The accused left and came back on August 18, 2020, to carry out same transaction with different account numbers. I suspected fraud and secretly took his pictures because it is an android PoS with camera.”

The witness said he continued transacting business that day till the next day when he could no longer make withdrawals from his account.

Etim visited his bank on Aka Road, Uyo, and met with his account officer who told him that unauthorized transactions were made with his PoS machine.

READ ALSO:‘Calling Vote Unfair Doesn’t Make It So’: US Court Tells Trump

“My shop was closed for over a week because all the money I had was in that account. I called a friend that works with EFCC, he asked me some questions. I went back to my bank and filled a form. The said amount was forfeited and my account was reopened.”

The witness said he continued business and two months later, Essiet returned to his shop and with the help of neighbours, he was nabbed and handed over to the EFCC.

Abur showed the witness the petition he sent to the commission, dated October 20, 2020, which he identified.

The petition was admitted in evidence and marked exhibit P1A to D.

The matter was adjourned until December 8, 2020, for continuation of trial.

Watch Leakblast TV channel from around the world

Thanks for Reading via the most updated news portal

About Leakblast.com

Share your story with us

Advertise With us

Encourage & Support LeakBlast

Feel free to contact us

Call Us:+234(0)9073726403
Get us on Whatsapp: +234(0)8181166425      
Email Us: editors@leakblast.com

SUPPORT LEAKBLAST JOURNALISM OF INTEGRITY AND CREDIBILITY

Good  journalism costs a lot of money.

For continued free access to the best investigative journalism in the country we ask you to consider making a modest support to this noble Endeavor.

By contributing to LeakBlast, you are helping to sustain a journalism of relevance and ensuring it remains free and available to all.

Support LeakBlast

LEAVE A REPLY

Please enter your comment!
Please enter your name here