Man dupes company of N3m via fake bank alerts

Detectives attached to Obantoko Police Station in Ogun State have arrested a man for allegedly defrauding an electronic company and stealing items valued at N3 million through fraudulent bank alerts.
The suspect, Abdullahi Rauf, 42, is now in police custody.
The company said that Rauf had been buying items, adding that each time he buys; the firm would receive bank alerts, signifying he had credited its account. 
The firm did not know the bank alerts were fake. Recently, however, the company scrutinised its accounts and discovered the fraud.
The company invited the police who picked up Rauf on January 19. The suspect confessed that he used to sign cheques and pay them in on Fridays, knowing that the bank would alert the account owner of the payment even when the cheques had not been cleared.
According to the state Police Public Relations Officer (PPRO), Ademuyiwa Adejobi, by the time such cheques get to the clearing house, it will be discovered that they are bounced. 
He said: “The company (or other affected individuals) would not be able to get the expected money. In other words, the bank alerts would deceive the company to release goods to the suspect with the hope that the suspect has paid into the company’s account.” 
Adejobi said that almost all the fraudulently-acquired items had been recovered by the police. The suspect, he added, would appear in court when the judicial workers called off their strike.