Operatives of the Ogun State Police Command have arrested a 23-year-old man, identified as Adeshola Muyiwa, over an alleged fake bank transfer scheme in the Agbado area of Ifo Local Government Area, Ogun State.
The suspect was accused of defrauding a food vendor after allegedly purchasing food items worth N2,600 and presenting a fake transfer alert as evidence of payment.
According to reports, the incident occurred at about 8 a.m. on Sunday at Owolanwa Junction in Agbado.
Police operatives attached to the Agbado Division, led by the Divisional Police Officer, Adesanya Oyekanmi, reportedly arrested the suspect around 11:45 a.m. following a complaint and swift investigation into the matter.
Confirming the arrest on Monday, the Police Public Relations Officer, DSP Oluseyi Babaseyi, disclosed that preliminary investigations revealed the suspect had allegedly been involved in a series of fake transfer and scheduled payment scams across Agbado and neighbouring communities.
According to the police spokesperson, the suspect confessed during interrogation to engaging in the fraudulent activities over a period of time, with proceeds from the alleged scams estimated at nearly N10 million.
“The arrest was effected on 17/05/2026 at about 1145hrs following a report that at about 0800hrs of the same date, the suspect visited a food vendor at Owolanwa Junction, Agbado, purchased food items worth Two Thousand Six Hundred Naira (₦2,600) and fraudulently presented a fake transfer alert as proof of payment,” Babaseyi stated.
He added that prompt response and coordinated investigative efforts by officers of the Agbado Division led to the suspect’s arrest shortly after the incident was reported.
The police further alleged that the suspect had developed a pattern of targeting unsuspecting residents and business owners through fraudulent transfer alerts and manipulated payment notifications.
The spokesperson also revealed that the Commissioner of Police in Ogun State, Bode Ojajuni, commended the professionalism and vigilance of the officers involved in the operation.
Ojajuni reportedly reaffirmed the command’s determination to intensify efforts against financial crimes and cyber-related fraud across the state.
He also advised traders, shop owners, and residents to always confirm payment transactions directly through their banking applications or account statements before releasing goods or rendering services to customers.
Meanwhile, the suspect was reportedly arraigned in court on Monday on a two-count charge bordering on alleged stealing and conduct likely to breach public peace.
He was granted bail in the sum of N20,000, while the matter was adjourned until May 25, 2026, for further hearing.
