Police arrest man for defrauding businessman of N120m

The Bauchi State Police Command has made a significant breakthrough by arresting a 34-year-old suspect, Glory Samuel, for allegedly defrauding a well-known businessman of N120 million.

According to a Press release issued by SP Ahmed Mohammed Wakil, Police Public Relations Officer (PPRO),Bauchi State Command made available to Journalists Wednesday, “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”

“Acting under the directive of the Commissioner of Police, CP Auwal Musa Mohammed, the State Intelligence Department promptly investigated the case. Their meticulous efforts revealed that the suspect had unlawfully withdrawn a significant amount of N120 million from the complainant’s bank account.

He stated further that “During interrogation, Glory Samuel admitted to betraying the trust of his neighbour, the complainant, with whom he had shared a market space for over fifteen years”.

Samuel 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, Samuel 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.

According to the release, “Following the investigation, the following items were recovered from the suspect:
1. Eight (8) Tricycles (Keke Napep)
2. N35,000,000 in cash
3. Two (2) uncompleted buildings
4. Sixty (60) bags of cooking charcoal
5. Thirty (30) bags of fertilizer
6. Two (2) motorcycles
7. Two (2) industrial sewing machines”.

The PPRO further explained that “The suspect, whose lifestyle had dramatically changed, assured his uncle and girlfriend that he was earning money through an online business when they inquired about his newfound income”.

Consequently, the suspect will face legal charges in court.

The Commissioner of Police, Auwal Musa Mohammed therefore urged the public to remain vigilant and ensure the security of their financial platform. END