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Three Men ‘Hack’ POS Platform To Steal N16m

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Three men hacked a POS platform to steal N16 million.

Eko Hot Blog reports that the Nigeria Police Force (NPF) has arrested three suspects for hacking a Point of Sale (POS) platform to steal N16 million in Oyo State.

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The force spokesperson, Olumuyiwa Adejobi, made the disclosure in a statement on Tuesday.

Adejobi identified the suspects as Sanmi Ayodeji, aged 29; Felix Oluwaseun, aged 24; and Adeleye Oluwaseun, aged 34.

According to the police spokesperson, the suspects signed up on a POS platform known as Tmoni Technologies Company using their bank verification numbers (BVN) and those of their friends and relatives without their consent.

They reportedly opened valid wallet accounts with Tmoni, bypassed the company network security system, and fraudulently transferred N16,149,195 from the Tmoni platform to various online accounts from where they made withdrawals.

The suspects were said to have been arrested in Ibadan, Oyo state, by operatives of the NPF national cybercrime centre, after an official complaint was lodged by the financial controller of the Tmoni platform.

“Upon their arrest, the suspects were found in possession of several mobile phones, POS machines, SIM cards, Automated Teller Machine (ATM) Cards, and one Toyota Matrix car with registration no. KUJ 548 CN which they confessed was bought with proceeds of the crime,” the statement reads.

The Inspector-General of Police, Usman Baba Alkali, while calling on users of online banking platforms to be vigilant with regard to their personal information, urged all citizens and residents in the country, as stakeholders in ensuring maximum security, to report all suspicious cyber activities via 09168343711, [email protected] or on the NPF Cybercrime Reporting Portal – https://incb.npf.gov.ng/.

“The IGP similarly commended the Director, NPF National Cybercrime Centre, Deputy Commissioner of Police, Uche Ifeanyi Henry, for his diligence and dedication which has led to the breakthroughs recorded so far.

“The suspects will be charged to court as soon as possible,” the statement added.

FURTHER READING 

Here are the photos of the suspects:

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