Man Docked In Ile-Ife For N64,000 POS Fraud

A 40-year-old man, Femi Oyatokun, was on Monday arraigned before an Ile-Ife Magistrates’ Court for allegedly defrauding a Point of Sale (POS) operator of N64,000.

Oyatokun is facing a two-count charge of stealing and fraud.

According to the prosecutor, Inspector Sunday Osanyintuyi, the defendant committed the offences on March 6 in Ile-Ife. He alleged that Oyatokun fraudulently obtained the sum of N64,000 from one Mr. Olalere Seyi, a POS operator, under the pretense of transferring the money into a Fidelity Bank account belonging to one Michael Sunday.

However, the prosecutor told the court that the complainant did not receive the balance in his account after the supposed transfer was made via the POS terminal.

The offences, Osanyintuyi noted, contravened Sections 390(9) and 419 of the Criminal Code, Laws of Osun State, 2002.

Oyatokun, who had no legal representation in court, pleaded not guilty to the charges.

Presiding Magistrate Abosede Sarumi granted him bail in the sum of N100,000 with two sureties in like sum. She ordered that one of the sureties must be a property owner, both must reside within the court’s jurisdiction, and must show evidence of three years of tax payment. The sureties are also required to swear to an affidavit of means.

The prosecutor was directed to verify the addresses of the defendant and his sureties.

The case was adjourned until May 28 for hearing.