Fraud Alert: ATMs Dispense Fake Naira Notes
Central Bank of Nigeria (CBN), regulatory authorities and banks are worried that complaints from members of the public who collect fake naira notes from ATMs may erode confidence in the system.
It was a Monday afternoon, when Omoye, a lecturer with the Lagos State University, Ojoo, had to stop over at the Ojuelegba, Lagos branch of Guaranty Trust Bank Plc to make some withdrawal before she continued with her daily routine.
The sheer length of the queue of customers taking their turns to make withdrawal had tempted her to go to the banking hall, but on a second thought, she decided to wait for her turn, after all, the Central Bank of Nigeria’s Cashless Policy is seeking to decongest banking halls.
It was her turn but to the chagrin of other anxious customers on the queue, Omoye could not leave the ATM on time as she stood there in bewilderment. She had found a fake N1000 tucked among genuine ones she just withdrew from the ATM.
Read more at THISDAY
It was a Monday afternoon, when Omoye, a lecturer with the Lagos State University, Ojoo, had to stop over at the Ojuelegba, Lagos branch of Guaranty Trust Bank Plc to make some withdrawal before she continued with her daily routine.
The sheer length of the queue of customers taking their turns to make withdrawal had tempted her to go to the banking hall, but on a second thought, she decided to wait for her turn, after all, the Central Bank of Nigeria’s Cashless Policy is seeking to decongest banking halls.
It was her turn but to the chagrin of other anxious customers on the queue, Omoye could not leave the ATM on time as she stood there in bewilderment. She had found a fake N1000 tucked among genuine ones she just withdrew from the ATM.
Read more at THISDAY
Fraud Alert: ATMs Dispense Fake Naira Notes
Reviewed by Msl
on
7:50 am
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Reviewed by Msl
on
7:50 am
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