The Yobe State Police Command has arrested a 32-year-old Field Loan Officer with Moniepoint, identified as Thlakham Daniel, over an alleged ₦74 million fraud involving seven Point-of-Sale (POS) operators in Damaturu, the state capital.

The Command’s Police Public Relations Officer, ASP Yusuf Adamu Ali, disclosed the arrest in a statement issued on Friday, September 4, 2026.

According to the statement, the seven POS operators separately reported the matter at the ‘A’ Divisional Police Headquarters in Damaturu, alleging that the suspect visited their businesses on different occasions and profiled their accounts on the promise of assisting them to obtain loans.

The operators reportedly alleged that Daniel subsequently used their accounts to secure loans without their knowledge or consent.

Following the complaints, detectives attached to the division commenced investigations, leading to the suspect’s arrest. Police also recovered a vehicle allegedly purchased with proceeds suspected to be linked to the crime.

The police said preliminary investigations revealed that the total amount involved was approximately ₦74 million.

The Command further stated that the suspect allegedly confessed during interrogation, while investigations remain ongoing to establish the full circumstances surrounding the transactions and determine whether other persons were involved.

The Commissioner of Police in Yobe State, CP Usman Kanfani Jibrin, urged members of the public to exercise caution when granting access to their bank and digital financial accounts.

He also advised residents to promptly report suspicious transactions or financial activities to the police and other relevant authorities.