LAGOS RRS NABS BANK FRAUD SYNDICATE.

                       The operatives of Rapid Response Squad of the Lagos State Police Command have arrested Ajisafe Olugbenga,47, from Osun State,suspected to be the ringleader and mastermind of bank frauds in the State.The suspect,an ex-banker,popularly known as Harrison among his gang,was arrested on tuesday after he was mentioned as the initiator of sim swap deal at a network provider's outlet in Surulere,Lagos and Abeokuta,Ogun State.Before his arrest,Ajisafe has been on the run since April 2016 following his involvement in a N2 million fraud in one of the old generation banks.The accused was alleged to have exploited his vast networks with insiders in banks to procure bank details of high net worth customers to perpetrate the fraud.According to preliminary investigation,the gang blocks or swaps the sim of the bank customer so that he or she does not receive the transaction on the account,mostly perpetrated at weekends when the money is withdrawn in tranches,as the collaborator in the bank would have helped the gang to increase the customer's withdrawal limit before then.Ajisafe's latest offence was the recruitment of three suspects through which some sim cards belonging to a particular network {name withheld} were swapped and used for some of the gangs' bank fraud.Two of the suspects recruited by Ajisafr for the sim swap,Shamsudeen Olalekan,35 and Nicholas Egbele,were arrested few days before Ajisafe was picked up.Also arrested with them was aa staff of a popular network provider in an outlet in Abeokuta who has been assisting the gang in sim swap while another collaborator is said to be on the run,Confirming the incident,the Police PPRO,ASP Olarinde Famous Cole,reiterated that there would be no hiding place for criminals in Lagos State,adding that officers of the command are at alert to nip crime in the bud.