This post was shared on Nairaland, and I felt everyone here should take extra precaution about it.
I work as a Support Staff for a commercial bank, and I have witnessed this New Crime case twice this week alone!!!
This fraud usually occurs at the ATM galleries. An 18-year-old customer and another ‘Rich’ adult customer were victims and now they have their BVN flagged for live and have cases to answer with the Police, and with their bank accounts on Post-No-Debit.
This is how it works;
1. You walk to an ATM and someone (fraudster) approaches you. The person may show you wads of cash and claim they have exceeded their withdrawal limit of 150k, and that they still need more cash. They then plead to make a money transfer into your own bank account so that you can withdraw it for them.
2. The TROUBLING thing in this seemingly harmless random act of kindness is that transfers are usually made from STOLEN PHONES or HACKED BANK ACCOUNTS!!!
3. The person who owns the bank account which the money transfer was initiated from would report to his bank, and the bank would send out a circular to the recipient’s bank with instructions to be carried out – which usually includes freezing your own account, BVN flagging, and on most times an order for your apprehension.
4. The next thing you would discover is that the next time you try to use your ATM card to withdraw, your transactions will be unsuccessful.
5. You then go to your bank and you get the news. You will thank your stars if there’s no MEMO to apprehend you and hand you over to the Police immediately – for something you surely don’t know about. You may be advised to quickly go get a Police Report.
The 18-year-old boy was sent to withdraw money from his bank account by his Mom. On getting to the ATM, he was held at gun point by the fraudsters and the money transfer was made, money withdrawn, and he was released. The money here was 40k. The boy was advised to report himself to the Police, and he should follow up with the bank.
The adult customer was approached respectfully by a fraudster brandishing loads of cash. So, he felt at ease and ‘helped’, not knowing he had been exposed for flagging. Here, the amount of money involved was 50k. The customer who has about 1 million naira in his bank account has now been undone because of 50k he knows nothing about. Now, there’s a MEMO to have the customer arrested anytime he steps into any of the bank branches.
Who knows if the stolen phones were acquired via One Chance armed robbers or the bank transfer details were supplied by Serial Hackers? This is a serious criminal issue.
Remember, if you have your BVN flagged, then you are so done with any legal financial dealings.
DO NOT HELP ANYBODY AT THE ATM!!! NOT EVEN AN OLD FRIEND, CHURCH MEMBER OR WHATSOEVER. SAY NO TO STRANGERS WHO APPROACH YOU FOR ANY TRANSFER FOR WITHDRAWAL AT THE ATM.
Imagine getting locked up over money you know nothing about other than helping someone to withdraw.
Shared by @RapportNaija
Thanks for this. Very useful info
Oh boi…. To help now don turn crime for 9ja. Where is this country heading to sef
Tnx Prof for the tip. Better to get cheque books this day, so many frauds with ATM
thanks for the tip, prof.
A word they say is enough for the wise. Thanks for sharing
Humm…very useful and helpful, need to pass this to people
Naija ooo, stay alert..
Thanks for this information this is very vital
Thanks for this info. I wish everybody will hear this.
Thanks Prof.
Na kuku de mind my business for atm stand, can’t fit shout and pay bail money for what i know nothing about. Thanks for info
This is an eye opener. Thanks for the info prof, imagine getting punished for a crime you know not about
Thanks for sharing prof
Thank u for this information. Naija nawaa
Too many many atm tricks to trick people out of their money one needs to be extra careful
out of the goodness of one’s heart, one suffers for something he knows nothing about. it’s only God that can help us out in this country.
Fraudsters always looking for new ways to defraud people
Useful tip prof. We just have to be extra careful with issues as sensitive as this
I have read this before shaa. Prof please have question ooo. Not related though.
Those people selling all these Chinese phones on Jumia international, where are they buying it from? Cos their prices are way cheaper than what alliexpress, dhgate, gearbest and few others offer. I got Homtom HT50 from Jumia for 22k including shipping but it doesn’t even sell at 30k on popular Chinese stores.
And many other devices, like leagoo products. Please if you know any secret site in China where it is cheaper share with guys. Cos this Jumia guys don spoil mini importation finish.
Then Prof you promised to extend your gift to new set of people but ended up repeating only on the same people. E get as e be ooo. We that still stops once in a while need the appreciation too ooo
Dis thing has been happening for a very long time now..
We v to be careful
naija soon we go overtake America for cyber crime
I don’t use ATM shaa
But this kind of thing is getting at of hand
Thanks for this info bro