Crime
How POS operator steals N600,000 from customer’s account
The convict has been ordered to pay N500,000 in restitution to his victim.
A POS operator has been jailed by the High Court in Maiduguri, Borno State for stealing N600,000 from a customer.
Yusuf Abubakar had been accused by the Economic and Financial Crimes Commission (EFCC) of dishonestly taking money from the account of one Isa Jibrin under the pretext of a mobile banking transaction.
He transferred it to his own personal account and instructed someone, identified as Yahaya Hassan, to withdraw on his behalf.
The EFCC told the court his action violated Section 286 Penal Code Laws of Borno State 1994.
Abubakar pleaded guilty to the two-count charge against him and was convicted by Justice Aisha Kumaliya on Thursday, November 11, 2021.
The judge sentenced him to six months imprisonment on count two without an option of fine, but he was ordered to pay a fine of N50,000 on the first count.
He was also ordered to pay N500,000 in restitution to Jibrin.
Failure to restitute his victim condemns him to serve five years in prison.
-
Crime1 week agoAnambra Police arrest mother over alleged child sexual exploitation
-
Business7 days agoJetour Nigeria, dealers take dashing, other models to Abuja Experience
-
Business1 week agoDangote Refinery IPO shifts spotlight to corporate governance, investor protection
-
Business3 days agoAbuja gears up for Jetour T2’s rugged-luxury experience
-
Business5 days agoDangote IPO rush crashes Bamboo login as investors flood platform
-
Business5 days agoNigeria Business Outlook: Dangote IPO, markets, inflation and naira in focus this week
-
Business1 week agoNaira gains ground as Euro holds around N1,548, reserves hit 18-year high
-
Business1 week agoNCAA warns United Nigeria Airlines over fleet capacity, passenger disruptions


