Pages Navigation Menu

Nigeria news, headlines, events , stories and all that is trending today

Notorious Bank Fraudster Who Has Been on the Run from Police for One Year Finally Caught (Photo)

Men of the Rapid Response Squad (RRS) of the Lagos State Police Command have arrested the ring leader and architect of several bank frauds in Lagos State. The fraudster identified as Ajisafe Olugbenga 47, who hails from Osun State was alleged to be the mastermind in several bank frauds.

Ajisafe, an ex-banker popularly known as Harrison among his gang, was arrested yesterday after being mentioned as the initiator of SIMs swap deal at a network provider’s outlet in Surulere, Lagos and Abeokuta, Ogun State.

Ajisafe had, before his arrest, been on the run over his involvement in a N2 million fraud in one of the old generation banks in Lagos State sometime in April 2016.

The suspect, who is regarded as the chief player in bank frauds, was alleged to have a vast network with insiders in banks. He was also alleged to have exploited his vast network with insiders in banks to procure bank details of high networth customers and then use such information to perpetrate the fraud.

According to sources, the gang blocks or swaps SIMs of bank customer they want to strike, so that they would not receive the transaction alert, as money are withdrawn from their accounts in tranches.

Ajisafe latest offence was the recruitment of three suspects through which some SIM cards belonging to a particular network (name withheld) were being swapped and used for bank fraud.

Two of the suspects recruited by Ajisafe, Shamsudeen Olalekan 35 and Nicholas Egbele, were arrested a few days before Ajisafe was picked up yesterday.

Also arrested with them was a staff of a popular network provider in an outlet in Abeokuta, who was assisting the gang in SIM swap, while another collaborator is on the run.

The post Notorious Bank Fraudster Who Has Been on the Run from Police for One Year Finally Caught (Photo) appeared first on

This post was syndicated from Click here to read the full text on the original website.

Do you something awesome to share with the world? Click here to share

Get thousands of free final year project topics and materials sorted by subject to help with your research

Do you ever have any question about anything you wish to ask and get answer? Click here to ask

Follow us on twitter @NigeriaTodayNG

Also, Like us on facebook


Be the First to Comment!

Notify of

Notice: Trying to get property of non-object in /home/nigtoday/public_html/wp-content/plugins/jetpack/modules/gravatar-hovercards.php on line 238
Download the Nigeria Today app from Play store. Click here download now
Hello. Add your message here.