EXCITING NEWS: TNG WhatsApp Channel is LIVE…
Subscribe for FREE to get LIVE NEWS UPDATE. Click here to subscribe!
He left Nigeria to UK early last year. He maintained his Nigeria bank accounts both domiciliary and Naira accounts.
Advertisement
As a Nigerian hustling over there, he works and saves his money in both naira and dollar in his accounts. Late last months, he noticed there were several debit in his accounts.
He kept receiving debit alert via email.
Alerts of different transfers and recharge cards. He called his brother in Nigeria to help him visit his bank to make complaint about his issues but the bank told his brother that he can’t make complaint on behalf of the account holder because it is against the bank’s policy.
His brother was given a phone number and email where the account holder could forward his complaints to.
In this process, several transfers has been made in the account. The account owner contacted the bank and the account was restricted.
After that, he wrote a long legal content to sue the bank for illegal deduction of his money while he was away. The bank as usual carried out her investigation and the outcome was shocking.
After the account holder left the country, he didn’t deactivate his number from his account.
His phone number was inactive for several months so his network provider assumed he had lost or stopped using it, they sold it to another person.
Anytime he makes any transaction on his account, the new owner of the number gets alert and could also see the balance in the account.
The new owner went ahead to start recharging the line on the account. This is a level where no authentication pin was needed since it was the same number on the account.
The person didn’t stop at that, he created a cardless pin just to make transfer into another bank. He started recharging and transferring money to his accounts in other banks. He transfered to friends, families.
If he goes to buy clothes, he would transfer to them and a whole lot of people.
After this,the bank started sending mails to all the banks he transfered money to notify them of the fraudulent transactions that came into those accounts.
The banks restricted all the accounts that received inflow from the subject accounts with a text restriction.
” fraudulent transactions, apprehend customer on sight”
So when these account owners were unable to withdraw from their accounts, they go into the bank to make complaint and when the bank workers sees the text restrictions, they consult the law enforcement agents and the account holders gets arrested and taken into custody.
With this action, everyone that received money from the account including his parents and brothers were all arrested.
He had transfered almost 300k in a month and recharged almost 10k.
He was arrested too.
They bank made sure the total amount debited from the account was returned before they allow him and others to be bailed on a huge amount of money.
How to curb the menace
1. If you are leaving the country, deactivate your sms alert on all your banks and leave only email because when your service provider sees that your number is inactive for a long time, it will be sold to another person and it is very dangerous if the number lands on a wrong hand.
2. Never allow anyone use your account to receive money from an untrusted source, because if it is a fraudulent transaction into your account, you would be accused as an accomplice.