From James Ogunnaike, Abeokuta
The police detectives attached to Obantoko division of Ogun State command have arrested a 42 year old man; Abdullahi Rauf for defrauding an electronics company and stealing electronic items worth three million #3 million.
The suspect, who is fond of defrauding companies, according to a release by the Police Public Relations Officer, DSP Muyiwa Adejobi, met his waterloo when the owner of the recently duped electronics company located in Abeokuta discovered that one of his accounts in one of the new generation banks was not credited with any money contrary to a bank alert it had earlier received some days to its confirmation.
The company therefore raised alarm and reported the matter to the police attached to Obantoko Division who then placed the suspect under surveillance before his eventual arrest on Monday.
The suspect has confessed that he always signs cheques and pays in the cheques on Fridays having knowledge that the bank with which the cheques are dropped would definitely alert the owners of the accounts of payment of such amount even when the cheques have not been cleared and that he(suspect)knows that he has no kobo in his own account.
“By the time the cheques get to the clearing house, it will be discovered that they are bounced cheques and the company (or other affected individuals) will not be able to get the expected money, the bank alert would deceive the company to release goods to the suspect with the hope that the suspect has paid into the company’s account,” the suspect said in his confession.
The release added that almost all of the stolen or fraudulently acquired items have been recovered by the police.