A 19-year-old suspected internet fraudster, Emmanuel David, during interrogation, confessed that he used the proceeds of his internet fraud scam to pay for his post-University Matriculation Test Examination expenses.
David, who was arrested by the Osun State Police Command in the Ojo area of Lagos state, alongside two other teenagers, Chibuike Godspower, 16, and Jesse Izedi, 16, claimed that he was caught in his first deal worth N315,000.
According to Emmanuel, he withdrew the money from the online Union-direct account of his unsuspecting Facebook friend, who operates a Point Of Sales, POS terminal. He explained that the victim has a union bank account, but being a POS operator, he also has a Union direct account, hence, he was able to move the money from the account to Godspower’s online account after Jedi guessed the victim’s password.
Emmanuel added that he used the money to travel to Calabar in Cross River State for his post-UTME in February this year and also paid for my accommodation.
Jesse Izedi on the other hand said he was given N10,000 from the proceeds for guessing the password accurately.
He said
“When David told me about his venture and that he had difficulty cracking the password, I told him to try the victim’s date of birth from 1980 downward and it worked. He gave me N10,000 from the proceeds.
