POS Business is one of the fastest growing small businesses in Nigeria today and it is evident by the volume of POS Shops you see on every street from cities to villages. In short it is the new bank. But as profitable and cool it can be to start, it also comes with some huge risks which you must prepare for if interested or already running this kind of business.

One Mr Chukuwudi in this video shares how a man came to deposit 200k to be credited, stylishly collected the money back from the shop attendant girl after she has already counted the money.

The man claimed he can't pay the charges cos it seems too much, but then come back and decided to deposit, but not after exchanging the notes with another similar sum in size with different and lower denomination of N100 and he used N1000 to cover the pack at the back..

Watch the video here.


https://www.youtube.com/watch?v=ia9L-IM4AX8

Sadly, the poor Operator didn't recount when he came back, the man got credited and drove off.

All attempt to get the credited account blocked proved abortive as WEMA bank claimed the account is a virtual account. This has always been the issues with scammers account. Banks don't help.

It is indeed a sad tale of how Nigerians also wickedly kill small businesses with frauds.

Source: Instagram Mufasa TundeEdnut page.

https://www.instagram.com/reel/CjcnknFj7-_/?igshid=YmMyMTA2M2Y=

Cc: Seun, Lalasticlala, Mynd44,naijacutee, FOD, dominique, puskin

One gat to mount his guard in whatever you are doing in this gad dem kwon3 lower your guard at your risk.

So sad ...how did we get here self

Elmojiid:
So sad ...how did we get here self

Really Sad. I guess it has always been with some part of us.

Afrogist247:

Really Sad. I guess it has always been with some part of us.

e tire me why on earth will ruin a legit and honest someone business, if dem caught am now na work of devil dem go talk and na jeje devil stand

hollaway:
One gat to mount his guard in whatever you are doing in this gad dem kwon3 lower your guard at your risk.

That's it.