Categories: City Updates

Fraudster Steals $64,822 from Unity Bank’s ATMs

Ladipo Sanusi/

Police have accused a man of stealing $64, 822. 97 from Unity Bank’s automated teller machines.

The alleged fraudster, Adeagbo Samson Bayonle, 37, was on Thursday arraigned by the Police Special Fraud Unit at an Igboosere Chief Magistrate’s Court in Lagos.

The accused was arraigned on a two-count charge of conspiracy to commit felony and stealing.

Police claimed that Bayonle conspired with one Dayo Ogunseitan, who is at large, to commit the offences.

In a charge marked V/73/2017, police prosecutor, Inspector Wewe Adegbayi, said Bayonle and his accomplice committed the offences on November 6, 2017, in Lagos, Ibadan and various other locations in Nigeria.

Adegbayi also told the court that the accused and his accomplice connived to hack the bank’s system and also modified an ATM card belonging to the accused from naira to dollar denominated.

The accused then started using the modified ATM card to withdraw $64, 822. 97 from the bank’s ATMs until his eventual arrest, police further alleged.

Bayonle, however, pleaded not guilty to the alleged crime.

His counsel, Olusegun Adaranijo, also prayed the Court to admit him to bail under liberal terms, adding that the defendant would not jump bail.

Magistrate B.I. Bakare granted him bail in the sum of N5million with two sureties in like sum, one of whom must be a landed property owner in Lagos.

Bakare also ordered that the two sureties must deposit the sum of N50,000 each into the account of Court’s Chief Registrar.

The magistrate further said the defendant should be remanded at the Ikoyi Prison, until he fulfilled the bail conditions.

He adjourned the case till January 12, 2018 for mention.

0
Editor

Recent Posts

Federal Reserve Chair, Powell, Says He’ll Refuse to Step Down if Trump Asks

Femi Ashekun/ Federal Reserve Chair, Jerome Powell, has declared that he wouldn’t resign if President-elect…

8 hours ago

FG Responds to Malaysia’s Plan to Phase Out CNG, Clarifies its Position on Adoption

Segun Atanda/ The Nigerian government has responded to Malaysia's recent announcement to phase out compressed…

14 hours ago

Lagos Police Arrest Dog Owner After Fatal Attack on Security Guard in Lekki

Matilda Omonaiye/ The police in Lagos have arrested Salisu Mustapha, the owner of three dogs…

20 hours ago

Why America Chose Donald Trump Again: A Vote for Defiance and Distrust

Dipo Kehinde/ As the news broke, many around the world struggled to understand how a…

2 days ago

Donald Trump Elected US President in Historic Comeback

Editor/ Donald Trump has defeated Kamala Harris in the US presidential election, marking a surprising…

2 days ago

Chief of Army Staff, Lagbaja, Dies at 56

Pat Stevens/ Chief of Army Staff, Lt. General Taoreed Lagbaja, is dead. He reportedly died…

2 days ago