Two POS operators face charges in court for allegedly embezzling more than N2m

Marcus Olaitan and Ajibade Adeolu, two males, were charged on Monday with grand theft of more over N2 million from an Automated Teller Machine (ATM) at First Bank, in front of an Ikeja Chief Magistrate’s Court.

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Trialled for conspiracy and theft are Olaitan, 43, and Adeolu, 30, both POS operators who live in Ketu, Lagos.

The crimes were perpetrated on September 4, 2023, from a First Bank PLC ATM on CMD Road, Magodo-Shangisha, Lagos, according to the prosecutor, ASP Raji Akeem, who testified in court.

According to Akeem, when Mrs. Wuraola Odeniyi, the complainant, went to the ATM to take out cash, she ran into a man who seemed to be a bank security officer.

The individual, who is currently at large, volunteered to assist the complainant, and she was unaware that he had committed her Personal Identification Number (PIN) to memory, the prosecution continued.

“The woman received a debit alert for N2.517 million later that day,” he said.

According to Akeem, the man the complainant met at the ATM kiosk was seen reciting the numbers on her card on CCTV footage that was aired when the complainant went to the bank to lodge her complaint.

The prosecutor stated that the point-of-sale operators who made the money transfers may be located by the authorities.

The prosecution claimed that the offences violated sections 287 and 411 of the Lagos State 2015 Criminal Law.

Nonetheless, the accused entered a not guilty plea to the allegations.

They were each granted N200,000 in bail, each with two sureties in the same amount, by Chief Magistrate Mrs. Bola Osunsanmi.

The matter was postponed until March 18 by Osunsanmi for discussion.