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.
-
News5 days agoFRSC opens 2026 nationwide recruitment, online applications begin July 3
-
Entertainment7 days agoActress Cossy Ojiakor shares flooded home as heavy rainfall wreaks havoc in Lagos
-
Business5 days agoMRS slashes petrol price by N50/Litre as Dangote Refinery cuts fuel costs
-
Business3 days agoPressure mounts on marketers as Nigerians demand lower fuel prices amid falling global oil costs
-
Football6 days agoCAF rejects proposal to expand AFCON to 28 teams
-
Business5 days agoBREAKING: CBN revokes licences of 46 Microfinance Banks in major regulatory crackdown
-
Business1 week agoJetour Nigeria reinforces commitment to efficiency, reliability with X70 PHEV
-
Business5 days agoNigerian Stock Market suffers Historic N13.29trn loss in June selloff