The Ogun State Police Command has arrested a 23-year-old suspect, identified as Adeshola Muyiwa, over alleged involvement in a series of fake bank transfer frauds perpetrated across Agbado and neighbouring communities in the state.
The suspect was apprehended by detectives attached to the Agbado Division following a complaint that he fraudulently obtained food items worth ₦2,600 from a food vendor at Owolanwa Junction, Agbado, after presenting a fake bank transfer alert as evidence of payment.
According to a statement issued on Monday by the Ogun State Police Public Relations Officer, DSP Oluseyi Babaseyi, the incident occurred at about 8:00 a.m. on May 17, 2026, while the suspect was arrested around 11:45 a.m. the same day through a coordinated operation led by the Divisional Police Officer of Agbado Division, CSP Adesanya Oyekanmi.
The police spokesperson disclosed that preliminary investigations revealed that the suspect had allegedly been operating a well-coordinated fake and scheduled bank transfer scheme targeting unsuspecting residents and business owners within Agbado and adjoining communities.
Babaseyi stated that during interrogation, the suspect reportedly confessed to engaging in the fraudulent activities over a period of time, with proceeds from the illicit acts estimated at about ₦10 million.
Reacting to the arrest, the Commissioner of Police in Ogun State, CP Bode Ojajuni, commended officers and men of the Agbado Division for their professionalism, vigilance and prompt response which led to the successful apprehension of the suspect.
The police commissioner reaffirmed the command’s determination to intensify efforts against financial and cyber-related crimes across the state.
He also advised traders, business owners and residents to always verify payment receipts through banking applications or account statements before releasing goods or rendering services in order to avoid falling victim to fraudsters.
