Police Nabs Serial Bank Fraud Syndicate, Others In Lagos
The operatives of Rapid Response Squad of the Lagos State Police Command yesterday said they have arrested a suspected ring leader and mastermind of several bank frauds with three other suspects in Lagos State.
It was learnt that the suspected fraudster identified as Ajisafe Olugbenga, 47, from Osun State has been fingered in several bank frauds.
Ajisafe, an ex – banker also known as Harrison among his gang was mentioned as the initiator of sims swap deal at a network provider’s outlet in Surulere, Lagos and Abeokuta, Ogun State.
The police said Ajisafe had before his arrest being 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.
They said 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.
The police said, “It is this information such as account balance, account number and phone number of the owner and email that the gang work on to perpetrate the fraud.”
According to the police , the gang blocks or swaps the sims 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or she does not receive the transaction on the account, which were mostly perpetrated on a weekend when the money were withdrawn in tranches.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. 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,” the police said.
Confirming their arrests, the Police Public Relations Officer, Lagos Police command Olarinde Famous Cole, an Assistant Superintendent of Police said there will be no hiding place for criminals in Lagos State adding that officers of the command are at alert to nip crime in the bud.
The four suspects have been transferred to the SCID, Panti for further investigations.
