A yet to be identified young man suspected to be a ‘yahoo boy’ has confessed on how he and some other criminals transfer people’s money using BVN on stolen sim cards to an “untraceable account”.
In a viral video shared online, the boy who spoke in Yoruba language said he uses the bank codes on SIM cards that people use in receiving bank alert for his financial fraud.
He also mentioned that he takes loans from the banks if the user operates a salary account.
Watch the videos of his interrogation below.
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