63-year-old businessman withdraws N173,000 from man’s account via ATM

A 63-year-old businessman identified as Austen Akinwuronu, has been arrested by Law Enforcement Officials after he withdrew N173,000 from a man’s account via ATM

Austen had used fraudulent means to gain access to the victim’s bank account details after he feigned a message to the victim claiming to be his bank, requesting his BVN details

The victim, Mr Anayochukwu Ojor, shortly after sending his BVN details to the fraud, received debit alerts of N173,000 and proceeded to the police to make an official report.

The suspect has since been arraigned before a Magistrate court. The Magistrate, Mrs B.O. Osunsanmi, on a two-count charge of fraud and stealing.

Akinwuronu, who resides at Ejigbo, a Lagos suburb, however, pleaded not guilty and was admitted to a bail of N100,000 with two sureties in like sum.

The News Agency of Nigeria (NAN) reports that Section 287 stipulates three years imprisonment for stealing, while Section 315 prescribes 15 years jail term for fraud.

The magistrate adjourned the case until July 7.

The general public has since reacted to the news of the fraud with shock, considering the age bracket of the suspect