Police arrest POS operator over N891,000 fraud

Ayoola Seun, a 33-year-old Point of Sale operator in Ogun State, was arrested by the police on Tuesday before an Ota Magistrates' Court for allegedly defrauding a business of N891,000.

Inspector E.O. Adaraloye, the prosecution, informed the court that the offenses were committed by the defendant on October 20, 2022, at about 10:00 a.m.

Seun was accused of committing the crime at No. 5 Fatimilola St. in Ogun State's Afobaje, Itele, Awori, Ota.

According to Adaraloye, Monie Point International gave the defendant N891,000 to pay some customers, but the money was never distributed.

“The defendant fraudulently converted the sum of N891,000 to personal use instead of fulfilling the agreement between him and the company,” he said.

The offenses, according to the prosecutor, were in violation of Articles 390(9) and 419 of the Criminal Code, Laws of Ogun, 2006.

The defendant was granted bail in the amount of N100,000 with one surety in the same amount by the magistrate, Mrs. A.O. Adeyemi.

Adeyemi mandated that the surety must be a resident of the court's geographic jurisdiction, be actively seeking employment, and provide documentation of tax payments to the Ogun State government.

She set a new hearing date of April 3 for the matter.

Source