Detectives from the Agbado Division of the Ogun State Police Command have arrested a 23-year-old man, Adeshola Muyiwa, for his alleged involvement in a serial fake bank transfer fraud scheme operating within the Agbado axis and surrounding areas.
The arrest was made on Sunday, May 17, 2026, at about 11:45 am, following a report lodged at the division.
According to the police, the suspect had visited a food vendor at Owolanwa Junction in Agbado earlier that morning, where he purchased food items valued at ₦2,600 and fraudulently presented a fake transfer alert as proof of payment.
Preliminary investigations revealed that the suspect operated a regular pattern of fake and scheduled transfer scams across the Agbado axis, systematically targeting unsuspecting members of the public.
During interrogation, Muyiwa reportedly confessed to specializing in the fraudulent scheme over an extended period, admitting to defrauding various victims across multiple locations to the tune of approximately ₦10 million.
Reacting to the arrest, the Commissioner of Police for the Ogun State Command, CP Bode Ojajuni, reaffirmed the command’s commitment to sustaining aggressive operations against financial and cyber-enabled crimes throughout the state.
He urged residents, particularly traders and business owners, to exercise caution and always verify the receipt of funds directly through their official banking platforms before releasing goods or rendering services to customers.
The command also encouraged members of the public to remain vigilant and report suspicious movements or criminal activities using the Ogun State Police Command’s emergency and toll-free lines.