News | Events | Digital PR | Advertising

Home Entertainment Nigerian Rapper Ycee Calls for Ban on POS Machines After Falling Victim to N2.7 Million Theft
EntertainmentFeatures

Nigerian Rapper Ycee Calls for Ban on POS Machines After Falling Victim to N2.7 Million Theft

Share
Share

Ycee, a popular Nigerian rapper, has shared a shocking experience of losing N2.7 million to theft through a Point of Sale (POS) machine. The incident, which occurred in November 2024, has led Ycee to advocate for a nationwide ban on POS machines due to concerns over their security and vulnerability to fraud.

According to Ycee, the thief used his ATM card to make three unauthorized transactions: N1 million, N1 million, and N700,000. He emphasized that the theft did not occur at an ATM, but rather through a POS machine, highlighting the need for stricter security measures to prevent such incidents.

Ycee expressed frustration with his bank’s response, stating that they have yet to provide a satisfactory explanation or solution for the missing funds. He argued that the lack of CCTV footage and security measures at POS machines makes it difficult to investigate and prevent such crimes.

In light of his experience, Ycee is calling for a ban on POS machines, citing concerns that many others may have fallen victim to similar crimes. He believes that stricter security measures and regulations are necessary to protect individuals’ finances and prevent fraud.

https://www.instagram.com/reel/DEsyhybt5Od/?utm_source=ig_embed&ig_rid=dff2a58a-3ab4-446f-af20-0b838691216b&ig_mid=5A5B6BE2-75D2-46CF-AC87-D22B4526C2E8

Share

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles
FeaturesSport

WAFCON 2024: Nigeria Defeat Zambia 5-0 to Reach Semi-Finals

Nigeria’s Super Falcons soared in the Women’s Africa Cup of Nations (WAFCON)...

FeaturesSport

Arsenal Complete £48.5m Signing Of Madueke From Chelsea

The 23-year-old was part of Chelsea’s squad at the Club World Cup...

FeaturesNewsPolitics

Court Orders Bolsonaro To Wear Ankle Tag And Puts Him Under Curfew

A court has ordered Brazil’s former president Jair Bolsonaro to wear an...

President Tinubu
FeaturesNewsPolitics

Tinubu Appoints IBB’s Son, Others, To Head Overhauled Bank Of Agriculture And Other Institutions

President Bola Ahmed Tinubu has approved the appointment of Muhammad Babangida, the...