Digital Fraud!

He left Nigeria to UK early last year.

He maintained his Nigeria bank accounts both domiciliary and Naira accounts.

As a Nigerian hustling over there, he works and saves his money in both Naira and dollar in his accounts. Late last months, he noticed there were several debit in his accounts.

He kept receiving debit alert bia email.

Alerts of different transfers and recharge cards. He called his brother in Nigeria to help him visit his bank to make complaint about his issues but the bank told his brother that he can't make complaint on behalf of the account holder because it is against the bank's policy.

His brother was given a phone number and email where the account holder could forward his complaints to.

In this process, several transfers has been made in the account. The account owner contacted the bank and the account was restricted.

Aftet that, he wrote a long legal content to sue the bank for illegal deduction of his money while he was away. The bank as usual carried out her investigation and the outcome was shocking.

After the account holder left the country, he didnt deactivate hus number from his account.

His phone number was inactive for several months so his network provider assumed he had lost or stopped using it, they sold it to another person.

Anytime he makes any transaction on his account, the new owner of the number gets alert and could also see the balance in the account.

The new owner went ahead to start recharging the line on the account. This is a level where no authentication pin was needed since it was the same number on the account.

The person didn't stop at that, he created a cardless pin just to make transfer into another bank. He started recharging and transferring money to his accounts in other banks. He transfered to friends, families.

If he goes to buy clothes, he would transfer to them and a whole lot of people.

After this,the bank started sending mails to all the banks he transfered money to to notify them of the fraudulent transactions that came into those accounts.

The banks restricted all the accounts that received inflow from the subject accounts with a text restriction. " fraudulent transactions, apprehend customer on sight"

So when these account owners were unable to withdraw from their accounts, they go into the bank to make complaint and when the bank workers sees the text restrictions, they consult the law enforcement agents and the account holders gets arrested and taken into custody.

With this action, everyone that received money from the account including his parents and brothers were all arrested.

He had transfered almost 300k in a month and recharged almost 10k.

He was arrested too.

They bank made sure the total amount debited from the account was returned before they allow him and others to be bailed on a huge amount of money.

There are two big lessons from this story.

1. If you are leaving the country, deactivate your sms alert on all your banks and leave only email because when your service provider sees that your number is inactive for a long time, it will be sold to another person and it is very dangerous if the number lands on a wrong hand.

2. Never allow anyone use your account to receive money from an untrusted source, because if it is a fraudulent transaction into your account, you would be accused as an accomplice.

Receive cash instead to avoid story that knocks.

If this is worth sharing , you can pass it on.
Digital Fraud!

He left Nigeria to UK early last year.

He maintained his Nigeria bank accounts both domiciliary and Naira accounts.

As a Nigerian hustling over there, he works and saves his money in both Naira and dollar in his accounts. Late last months, he noticed there were several debit in his accounts.

He kept receiving debit alert bia email.

Alerts of different transfers and recharge cards. He called his brother in Nigeria to help him visit his bank to make complaint about his issues but the bank told his brother that he can't make complaint on behalf of the account holder because it is against the bank's policy.

His brother was given a phone number and email where the account holder could forward his complaints to.

In this process, several transfers has been made in the account. The account owner contacted the bank and the account was restricted.

Aftet that, he wrote a long legal content to sue the bank for illegal deduction of his money while he was away. The bank as usual carried out her investigation and the outcome was shocking.

After the account holder left the country, he didnt deactivate hus number from his account.

His phone number was inactive for several months so his network provider assumed he had lost or stopped using it, they sold it to another person.

Anytime he makes any transaction on his account, the new owner of the number gets alert and could also see the balance in the account.

The new owner went ahead to start recharging the line on the account. This is a level where no authentication pin was needed since it was the same number on the account.

The person didn't stop at that, he created a cardless pin just to make transfer into another bank. He started recharging and transferring money to his accounts in other banks. He transfered to friends, families.

If he goes to buy clothes, he would transfer to them and a whole lot of people.

After this,the bank started sending mails to all the banks he transfered money to to notify them of the fraudulent transactions that came into those accounts.

The banks restricted all the accounts that received inflow from the subject accounts with a text restriction. " fraudulent transactions, apprehend customer on sight"

So when these account owners were unable to withdraw from their accounts, they go into the bank to make complaint and when the bank workers sees the text restrictions, they consult the law enforcement agents and the account holders gets arrested and taken into custody.

With this action, everyone that received money from the account including his parents and brothers were all arrested.

He had transfered almost 300k in a month and recharged almost 10k.

He was arrested too.

They bank made sure the total amount debited from the account was returned before they allow him and others to be bailed on a huge amount of money.

There are two big lessons from this story.

1. If you are leaving the country, deactivate your sms alert on all your banks and leave only email because when your service provider sees that your number is inactive for a long time, it will be sold to another person and it is very dangerous if the number lands on a wrong hand.

2. Never allow anyone use your account to receive money from an untrusted source, because if it is a fraudulent transaction into your account, you would be accused as an accomplice.

Receive cash instead to avoid story that knocks.

If this is worth sharing , you can pass it

But what about the telco that sold his line to another person?

I don't believe this story.

ashawopikin:
Bit what about the telco that sold his line to another person?

It's a normal practice all over the world, when a line becomes inactive, it's sold to someone else.

It's called nber recycling. The telco has done no wrong here.

slex:


It's a normal practice all over the world, when a line becomes inactive, it's sold to someone else.

It's called nber recycling. The telco has done no wrong here.

hmm

Very Happy he was able to recover his money.......most times it's better not to link any account number where you deposit big amount to any simcard.......let ur transactions be done inside the banks and your alerts be through emails

Hamachi:

HMMM Uganda?

It's worth reading....

Hamachi:

Come and have it then.

slex:


It's a normal practice all over the world, when a line becomes inactive, it's sold to someone else.

It's called nber recycling. The telco has done no wrong here.

That only happens in Africa due to greed! Telcos in the UK will never recycle and sell your number, in fact you can reactivate it after many years of not using it. I have a number I will be reactivating later due to ease, it contains just 3 numbers in an easy to remember format. Something like 023333 24424

lanchy:


That only happens in Africa due to greed! Telcos in the UK will never recycle and sell your number, in fact you can reactivate it after many years of not using it. I have a number I will be reactivating later due to ease, it contains just 3 numbers in an easy to remember format. Something like 023333 24424

True

Phock2sweet:
please if anyone have any amount to help me buy
something to eat I ll really appreciate I beg the hunger is
unbelievable for me life of a student is tough and if you
have job too I don't mind please I beg 3074133876 first bank

Rush to the nearest building site, you will be grateful