The police in Osun State have arrested a branch manager of First Bank, Adeniyi Talabi, for alleged N650.8 million fraud.
Spokesperson of the Osun State Police Command, Yemisi Opalola, disclosed through a statement that the suspect, who was arrested on offences involving fraud, obtaining money under false pretense (OBT), conversion, and stealing, defrauded no fewer than 35 victims.
Opalola said that the police has launched investigations into the case, assuring that the suspect as well as his accomplices would be arraigned upon completion of the investigation.
The statement read: “The Osun State Police Command under the leadership of CP Mohammed Umar Abba in its efforts to rid off criminal elements from the State has arrested a serial fraudster one Adeniyi Sunday Talabi ‘m’ 47 years, a resident of Army Barracks Area, Kelebe, Iragbiji road, Osogbo, a manager in one of the First Bank Plc branches in Osogbo for an offence of fraud, obtaining money under false pretence (OBT), conversion and stealing amounting to the sum of six hundred and fifty million eight hundred and fifty thousand naira only (N650, 850,000) in an illegal product called PROOF of FUNDS, which involved a total number of thirty five (35) victims (people).
“It is worthy to note that the said suspect has been suspended by the First Bank Nigeria Plc, his former employers.
“Investigation into the case has since commenced and the suspect and his accomplices would be charged to court upon completion of the investigation.”
