BUSTED! See 'Fraudster' Who Empties Peoples Accounts Just By Knowing Their ATM

Olawale Aderibigbe, a 33-year-old suspect, yesterday confessed to the police in Lagos that what he needed was just the security code of Automated Teller Machine (ATM) card to withdraw all the money in a victim’s account.

The suspect was arrested by police detectives at 

Surulere area of the metropolis after much surveillance. Aderibigbe, a suspected fraudster cum robber, used to rob people of their ATM cards, which he later used to withdraw money.

It was learnt that the Intelligence Unit of the command had been on the trail of the suspect for a long time before he was arrested on February 18, at his hideout.

The state Commissioner of Police, Zubairu Muazu, told journalists at the command headquarters, Ikeja that the suspect belonged to a syndicate which specialised in robbing people of their ATM cards.

He said: “The suspect confessed during interrogation that he and his partners had stolen money from many peoples’ accounts through ATM cards, which they stole from people at gunpoint. We are working assiduously to track down other members of the gang and brought them to book.”

Aderibigbe told journalists that he could withdraw money, using any ATM card as long as the card had security code.

He said: “The security code is what I need. I have software. If I insert the security code, details of the person would come out and the amount the person has in the account. My colleagues and I have made money through this.”

Recalling how he was arrested, Aderibigbe explained that he was at home on that fateful day, when he received a call from a friend. “My friend called me that he had another ATM card. I was going there when police arrested me,” he added.

The police are making concerted efforts to arrest other fleeing members of the syndicate.

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