CBN, EFCC To Go After POS, ATM Fraudster

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The Economic and Financial Crimes Commission (EFCC) and the Central Bank of Nigeria (CBN) have concluded to go after Point of Sale (POS) and Automated Teller Machine (ATM) fraudsters.

Sanusi Abdullahi, Head of EFCC Kaduna zonal office, during a visit to the CBN branch in the state, complained that more Nigerians are being duped.

Abdullahi disclosed that petitions on withdrawals they did not authorize had surged.

The official called for strong collaboration between the EFCC and the apex bank to monitor new trends on financial policies as it affects financial institutions.

CBN Branch Manager, Ahmed Wali, reiterated the need for a robust partnership for positive results.

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