A 25-year-old man, Wasiu Oderinde was arraigned before an Osogbo Magistrates’ Court for defrauding Point Of Sale (POS) operators amount of N500,000 in Osun State.

The accused was indicted for defrauding POS operators in Ile-Ife, Modakeke and Osogbo in Osun State.

Authorities Prosecutor, Benjamin Okechukwu Nweke, informed the court that the implicated person and others at large, between December 29, 2021, to January this year defrauded POS operators numerous sums of money in the aforementioned towns.

Oderinde was even more declared to have defrauded one Salako Festus of N95,000 in Modakeke.

The charge sheet read in the court specified that Oderinde fraudulently collected an overall amount of N500,000 utilizing an Automated Teller Machine (ATM) card numbered 5399412216652649; with the name Afeez Ojolowo from POS operators in the 3 communities.

The prosecutor stated the defendant committed an offence contrary and punishable under sections 516 and 419 of the Criminal Code 34 Vol 2, Laws of Osun State of Nigeria, 2002.

The implicated, on the other hand, pleaded not guilty to the charges levelled against him.

The Defence Council, J.P Joles asked the court to grant the implicated individual bail in liberal terms.

Magistrate Adebayo granted the accused bail in the amount of N500,000 and one surety.

The Magistrate adjourned the case to March 24, 2022, for hearing.