The Osun State Police Command announced that it had detained Mr. Adeniyi Talabi, a manager at one of the branches of a first-generation bank in Osogbo, on suspicion of stealing N650 million from 35 of the bank’s clients.
According to a statement made by the command’s spokesman, Yemisi Opalola, the suspect committed the fraud by deceiving the victims into giving up the money and then stealing it through an illicit transaction known as proof of funds.
Opalola stated that the case’s investigation was moving along without any problems, pointing out that the bank had suspended the suspect.
Additionally, she warned that after an investigation was finished, Talabi and his accomplices would face charges in court.
The statement partly read, “The Osun State Police Command, in its efforts to rid off criminal elements from the state, has arrested a serial fraudster, one Adeniyi Sunday Talabi,’m” 47 years, a resident of Army Barracks Area, Kelebe, Iragbiji Road, Osogbo, and a manager in one of the First Bank PLC branches in Osogbo, for an offence of fraud, obtaining money under false pretence (OBT), conversion, and theft amounting to the sum of N650,850,000 in an illegal product called PROOF of FUNDS, which involved a total number of 35 victims (people).
“It is worthy to note that the said suspect has been suspended by First Bank Nigeria Plc, his former employer. Investigation into the case has since commenced, and the suspect and his accomplices will be charged to court upon completion of the investigation.”
She added that the state commissioner of police, Mr. Mohammed Umar, reassured residents of the command’s commitment to rid the state of criminal elements and warned perpetrators of crimes that Osun would not be a haven or a hibernating ground for them.
