News
VENO NEWS: REVEALED! HOW GTBANK STAFF CONNIVES WITH FRAUDSTERS TO DEFRAUD POS OPERATORS For some months now, unknown bank officers in GTBank Plc., Ijebu Ode Branch, have been conniving with fraudsters to defraud Point of Sale (POS) Operators in Ijebu-ode. The mode of operation is that a fraudster or person of questionable character will go to any POS centre in Ijebu ode to make a transfer in exchange for cash, usually up to ₦200,000.00 (Two Hundred Thousand Naira) or ₦250,000.00 (Two Hundred and Fifty Thousand Naira); and leave the POS centre after the transaction is successful. Following the transaction, an unknown bank officer will, without any investigation, reverse the transfer ostensibly on the basis that the customer claimed that he or she did not authorise the transaction. The implication of this is that the fraudster will retain the money that he transferred in his account and also walk away with the money paid to him by the POS operator. This unorthodox practice of defrauding POS operators who are trying to make a living of their hard-earned funds has caused POS operators to believe that the fraud is an inside job by bank officers and there is in fact a sharing formula between the bank officers and fraudsters. It is thus rather surprising and disheartening that bank officers who are meant to protect unsuspecting customers from being defrauded are the ones that now connive with fraudsters to defraud business operators of their hard-earned money. Many letters and meetings have been held with the management staff of GTBank Plc., Ijebu ode Branch, particularly the bank manager, to complain about the unorthodox practice and demand a refund. However, in spite of several complaints and letters written by aggrieved POS Operators, nothing has been done to investigate the matter and dissuade the fraudsters and bank officers from their unscrupulous actions. We therefore enjoin the Central Bank of Nigeria and top echelon of the GTBank Plc. to please investigate the matter and prevent questionable bank officers from running POS operators in Ijebu ode out of business.
Date: 06-01-22
VENO NEWS: REVEALED! HOW GTBANK STAFF CONNIVES WITH FRAUDSTERS TO DEFRAUD POS OPERATORS
For some months now, unknown bank officers in GTBank Plc., Ijebu Ode Branch, have been conniving with fraudsters to defraud Point of Sale (POS) Operators in Ijebu-ode.
The mode of operation is that a fraudster or person of questionable character will go to any POS centre in Ijebu ode to make a transfer in exchange for cash, usually up to ₦200,000.00 (Two Hundred Thousand Naira) or ₦250,000.00 (Two Hundred and Fifty Thousand Naira); and leave the POS centre after the transaction is successful.
Following the transaction, an unknown bank officer will, without any investigation, reverse the transfer ostensibly on the basis that the customer claimed that he or she did not authorise the transaction.
The implication of this is that the fraudster will retain the money that he transferred in his account and also walk away with the money paid to him by the POS operator.
This unorthodox practice of defrauding POS operators who are trying to make a living of their hard-earned funds has caused POS operators to believe that the fraud is an inside job by bank officers and there is in fact a sharing formula between the bank officers and fraudsters. It is thus rather surprising and disheartening that bank officers who are meant to protect unsuspecting customers from being defrauded are the ones that now connive with fraudsters to defraud business operators of their hard-earned money.
Many letters and meetings have been held with the management staff of GTBank Plc., Ijebu ode Branch, particularly the bank manager, to complain about the unorthodox practice and demand a refund.
However, in spite of several complaints and letters written by aggrieved POS Operators, nothing has been done to investigate the matter and dissuade the fraudsters and bank officers from their unscrupulous actions.
We therefore enjoin the Central Bank of Nigeria and top echelon of the GTBank Plc. to please investigate the matter and prevent questionable bank officers from running POS operators in Ijebu ode out of business.
Date: 06-01-22
VENO NEWS: REVEALED! HOW GTBANK STAFF CONNIVES WITH FRAUDSTERS TO DEFRAUD POS OPERATORS
For some months now, unknown bank officers in GTBank Plc., Ijebu Ode Branch, have been conniving with fraudsters to defraud Point of Sale (POS) Operators in Ijebu-ode.
The mode of operation is that a fraudster or person of questionable character will go to any POS centre in Ijebu ode to make a transfer in exchange for cash, usually up to ₦200,000.00 (Two Hundred Thousand Naira) or ₦250,000.00 (Two Hundred and Fifty Thousand Naira); and leave the POS centre after the transaction is successful.
Following the transaction, an unknown bank officer will, without any investigation, reverse the transfer ostensibly on the basis that the customer claimed that he or she did not authorise the transaction.
The implication of this is that the fraudster will retain the money that he transferred in his account and also walk away with the money paid to him by the POS operator.
This unorthodox practice of defrauding POS operators who are trying to make a living of their hard-earned funds has caused POS operators to believe that the fraud is an inside job by bank officers and there is in fact a sharing formula between the bank officers and fraudsters. It is thus rather surprising and disheartening that bank officers who are meant to protect unsuspecting customers from being defrauded are the ones that now connive with fraudsters to defraud business operators of their hard-earned money.
Many letters and meetings have been held with the management staff of GTBank Plc., Ijebu ode Branch, particularly the bank manager, to complain about the unorthodox practice and demand a refund.
However, in spite of several complaints and letters written by aggrieved POS Operators, nothing has been done to investigate the matter and dissuade the fraudsters and bank officers from their unscrupulous actions.
We therefore enjoin the Central Bank of Nigeria and top echelon of the GTBank Plc. to please investigate the matter and prevent questionable bank officers from running POS operators in Ijebu ode out of business.
LINKS
- VENO tv: Politics 2027 ELECTION: “THE PANIC IS REAL” — ATIKU Who Is Afraid of Atiku?- VENO tv: Business Access Bank Plc Appoints Oluseyi Kumapayi as DMD, African Subsidiaries
- VENO TV | FEATURE | ROYAL NEWS Prince Mayowa Aroloye Emerges New Owa-Elect of Idanre Defeats six other contenders as Idanreland prepares to welcome a new traditional ruler after over two years without a substantive monarch.
- EDITORIAL | NOVEMBER 3, 2026 TINUBU KISSES BLACK STONE IN MAKKAH: HISTORY, FAITH AND THE DEBATE OVER NIGERIAN PRESIDENTS Abacha, Buhari and Tinubu: Is History Repeating Itself, or Are Nigerians Reading Too Much Into a Religious Tradition?
- VENO TV | FOREIGN NEWS | NOVEMBER 2, 2026 British Man Completes Round-the-World Walk After 28 Years Former British soldier Karl Bushby covers approximately 50,000 kilometres across four continents, returns home to emotional welcome.
- VENO TV | FOREIGN NEWS King Charles Acknowledges Injustices of Slavery, as Caribbean Nations Demand Reparations British monarch admits historical suffering during Caribbean visit but stops short of formal apology.
- VENO TV: FirstBank Partners Google Pay, Expands Digital Payment Options for Cardholders Bank strengthens digital banking innovation with secure, convenient and contactless payment solutions.
- VENO tv: ISRAEL ELECTION: GADI EISENKOT EMERGES AS NETANYAHU'S MAIN CHALLENGER AS POLLS NEAR CLOSE Former Israeli military chief mounts strong opposition challenge as millions vote in crucial parliamentary election.
- VENO TV | FEATURE AMANYANABO DOKUBO-ASARI MEETS GOV. BAGO, INVITES HIM TO SE DIYE IN BUGUMA
- VENO tv: BUSINESS ACCESS HOLDINGS TRANSFORMS WASTE TYRES INTO SCHOOL SANDALS FOR 10,450 CHILDREN
- VENO TV | FEATURE AMANYANABO DOKUBO-ASARI TAKES ROYAL DIPLOMACY TO IFE, SEEKS HISTORIC CULTURAL AND ECONOMIC ALLIANCE WITH OONI From the Source of Elem Kalabari to the cradle of Yoruba civilisation, the royal visit strengthens inter-kingdom friendship ahead of the December 19 SE DIYE coronation ceremony.
- VENO tv | ENTERTAINMENT NEWS Friday, October 23, 2026 RAYE WINS 2026 MERCURY PRIZE FOR SECOND ALBUM British singer defeats Paul McCartney, Olivia Dean and other top stars to claim prestigious music award.
- VENO tv | FEATURE MY TRIBUTE TO MY DEPARTED HUSBAND: A GALLANT SOLDIER IS GONE A Life of Service, Love, Sacrifice and Enduring Legacy By Morohunmubo Anike Okosun (Mubo Okosun)
- VENO TV OPINION 2027 ELECTION: AJÁ TÓ BÁ GBÉ EGUNGUN S??NU, KÒ LÈ GBÓ! “A DOG WITH A BONE IN ITS MOUTH CANNOT BARK!” When the voices of conscience become silent, who will speak for the suffering masses?
- VENO tv: DA-AMAKIRI TUBO: THE JOURNEY OF AMANYANABO MUJAHID ABUBAKR DOKUBO-ASARI From the Niger Delta struggle to the throne of Elem Kalabari: A life shaped by conviction, sacrifice and service
- VENO tv | FROM THE PULPIT SUNDAY TONIC WITH PASTOR PRINCESS VENISA OJO Popularly known as Omo Oba Jesu FAITH TRIUMPHS IN TROUBLE
- VENO tv: BUSINESS FirstBank Sponsors 2026 Georgian Cup, Reaffirms Commitment to Polo Historic partnership dating back to 1919 celebrates over a century of sporting excellence.
- VENO tv | FEATURE BEFORE SCOOPING FUEL FROM A FALLEN TANKER, WRITE YOUR WILL
- VENO TV: POLITICS GOVERNOR ADELEKE TO PRESIDENT TINUBU: “THE VICTORY HAS COME, THERE IS LIGHT AT THE END OF THE TUNNEL” …As Accord Party Chieftain Distances Party Members from Governor's Declaration
- VENO INTERNATIONAL MAGAZINE EDITORIAL | POLITICS 14 OCTOBER 2026 TINUBU MUST GO VS TINUBU MUST STAY! Two Conflicting Voices, One Nigeria: What Does This Mean for 2027?
Page 1 of 71 [Next] [Last Page]