By Ahmed Ahmed
Police command in Bauchi State state have arrested a 35 year old man suspect for allegedly defrauding a well-known businessman of N120 million.
SP Ahmed Wakil, Spokesperson of the command told newsmen on Wednesday in Bauchi.
He said the command has made a significant breakthrough by arresting a 34-year-old suspect name withheld for allegedly defrauding a well-known businessman of N120 million.
“The arrest stems from a complaint filed on April 1, 2024, regarding suspicious withdrawals totalling N2,068,000 from the complainant’s company bank account,” he said.
According to him, the Commissioner of Police (CP) Auwal Musa directed the State Intelligence Department to promptly investigate the case.
“Their meticulous efforts revealed that the suspect had unlawfully withdrawn a significant amount of N120 million from the complainant’s bank account.
“During interrogation, the suspect admitted to betraying the trust of his neighbor, the complainant, with whom he had shared a market space for over fifteen years,” he said.
Wakil further said the suspect disclosed that a friend he had met at Federal Polytechnic Bauchi in 2011, before dropping out of computer science, convinced him that he could make money by accessing a wealthy individual’s phone.
“Exploiting the complainant’s trust, the suspect deceitfully borrowed the phone, allowing his accomplice to install financial applications such as Opay and MoneyPoint.
“This access enabled them to transfer the funds to different bank accounts on various occasions,” he said.
The Spokesperson pointed out following the investigation some of exhibits recovered from the suspect include, eight tricycles (Keke Napep),N35,000,000 in cash, two uncompleted buildings.
Other items are sixty bags of cooking charcoal, thirty bags of fertilizer,two motorcycles and two industrial sewing machines.
Wakil explained that the suspect lifestyle had dramatically changed, and assured his uncle and girlfriend that he was earning money through an online business when they inquired about his newfound income.
The Spokesperson said consequently, the suspect will face legal charges in court.
He urges the public to remain vigilant and ensure the security of their financial platforms.