Renowned Nigerian singer, Peter Okoye, a member of the popular music group PSquare, has issued a stern warning to leading banks in Nigeria, vowing to take legal action against them for their alleged involvement in allowing impersonation that has led to scams targeting innocent victims.
Taking to his social media accounts, Okoye expressed deep concern over the misuse of his identity by fraudulent individuals to swindle unsuspecting victims. He singled out Access Bank and Polaris Bank for failing to conduct adequate due diligence when an impostor managed to open accounts under the name “Peter Okoye PSquare.”
The musician’s identity has been exploited in online scams, particularly related to a lottery scheme he had been conducting. Scammers have preyed on fans, leading them to believe they were engaged in legitimate business transactions with the artist.
Frustrated by the consistent criticism and allegations of fraudulent activities, Peter Okoye declared his intention to initiate a lawsuit against the aforementioned banks. He emphasized that he was determined to seek damages for the harm caused and planned to shed light on the broader issue of why financial institutions were permitting accounts to be created under his name without proper verification processes.
Peter Okoye raised suspicions that some banks might be collaborating with fraudsters due to their lax approach towards managing impersonation cases. In a tweet, he stated:
“Enough is enough. It’s either an inside job or otherwise. I have a name to protect here and save some of these innocent victims. So get ready for me and my legal team.
How can @polarisbankltd and @myaccessbank allow someone to open an account in the name of ‘PETER OKOYE PSQUARE’ without valid means of identification, no BVN, no biometrics, no verified address or even utility bill to correspond with the address of the account owner.
Now they are using my name to scam innocent people. I’m suing this bank for damages @officialefcc take note.”