Moniepoint loan officer arrested over alleged ₦74m fraud in Yobe

The Yobe State Police Command has arrested a 32-year-old Field Loan Officer (FLO) of Moniepoint, Thlakham Daniel, implicit an alleged fraud involving 7 Point-of-Sale (POS) operators successful Damaturu, the authorities capital.

The Police Public Relations Officer, ASP Yusuf Adamu Ali, disclosed this successful a connection issued connected Friday, September 4, 2026.

According to the statement, the 7 POS operators separately reported the substance astatine the ‘A’ Divisional Headquarters, Damaturu, alleging that the fishy visited their businesses connected antithetic occasions and profiled their accounts nether the pretext of helping them unafraid loans.

The operators alleged that the fishy subsequently obtained loans done their accounts without their cognition oregon consent.

“Upon receipt of the report, detectives of the Division instantly commenced investigation, traced and arrested the fishy on with 1 conveyance suspected to person been obtained from the proceeds of the crime,” the connection said.

The Police said preliminary probe indicated that the full magnitude progressive was astir ₦74 million.

It added that the fishy confessed to the offence during interrogation, though investigations were inactive ongoing to found the afloat circumstances surrounding the transactions and find whe...