A viral video circulating on social media has sparked reactions after a man was reportedly confronted while allegedly attempting to obtain cash from a point-of-sale (POS) operator using old, damaged car tyres disguised as new ones. The incident reportedly came to light after people nearby unwrapped the tyres he had offered as collateral and discovered their worn-out condition.
Key Highlights
- Viral video shows a man allegedly attempting to use old tyres as collateral for cash at a POS stand.
- The tyres were reportedly wrapped in nylon to make them appear new.
- The incident allegedly followed a claim that a bank transfer had not gone through.
- Neighbours reportedly exposed the damaged tyres before cash changed hands.
- Social media users have warned POS operators to be cautious when accepting goods as security.
- The man’s identity, the location of the incident and whether he was arrested have not been confirmed.
How the Alleged POS Scam Unfolded
According to accounts accompanying the video shared by @NigeriaStories and amplified by @yabaleftonline, the man approached a POS stand and reportedly claimed that a transfer had not gone through.
He allegedly told the operator that he was in a hurry and offered wrapped car tyres as collateral in exchange for cash, promising to return later.
However, while the transaction was being discussed, people nearby reportedly opened the packaging and discovered that the tyres, which appeared new from the outside, were old and damaged.
Some accounts described the wrapping as nylon, while other retellings referred to foil or gold-coloured material used to conceal the tyres’ condition.
The discovery reportedly prevented the transaction from proceeding as intended.
As of the available reports, the man’s identity and the town where the incident occurred have not been disclosed. There is also no confirmed report of an arrest or an official police investigation.
How the Alleged Trick Could Target POS Operators
The incident has drawn attention to the risks POS operators may face when customers request cash against goods offered as temporary security.
In the alleged scheme, the packaging made the worn-out tyres appear new, potentially encouraging the operator to accept them without inspecting their condition.
Car tyres can be valuable, making them appear to be reasonable collateral at first glance. However, once the cash is handed over, an operator could be left with goods worth far less than the amount released if the customer fails to return.
The video has therefore renewed calls for POS operators to verify transfers independently and carefully inspect any item offered as collateral before releasing money.
Nigerians React to Viral POS Scam Video
The video has generated reactions on X, with several users expressing disbelief and warning POS operators to remain vigilant.
One user, @mariolexxx, urged POS operators to take note of the alleged trick, explaining that used tyres could be wrapped to look new before being presented in exchange for cash.
Another user, @zzxwonder, reacted to the YabaLeftOnline post with the comment, “People get mind sha.”
Meanwhile, @enebome, quoting the Nigeria Stories video, wrote, “All that glitters is not gold.”
Another user, @Akanni0104, commented in a mixture of Yoruba and English that the wrapping itself could help the alleged trick succeed.
The reactions largely focused on the apparent ingenuity of the packaging and the need for operators to exercise caution when dealing with unfamiliar customers.
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Viral Video Sparks Warning for POS Operators
The original post by @NigeriaStories described the incident as a case in which a man was allegedly caught after packaging old, damaged car tyres in nylon and attempting to use them to obtain money from a POS operator.
The post reportedly attracted more than 1,700 likes and hundreds of reposts by Thursday evening.
Although the video has generated widespread discussion, the available accounts do not establish the man’s identity, the precise location of the incident or whether law enforcement authorities have become involved.
POS operators are advised to confirm incoming transfers directly through their transaction records rather than relying on screenshots or customers’ explanations. They should also avoid releasing cash against goods they have not adequately inspected or whose value they cannot verify.
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