The Ogun State Police Command has arrested a 23-year-old suspect, identified as Adeshola Muyiwa, over alleged involvement in serial fake bank transfer fraud within Agbado and surrounding communities.
The arrest was carried out by detectives attached to the Agbado Division under the leadership of the Divisional Police Officer, Adesanya Oyekanmi.
According to the Command, the suspect was apprehended on May 17, 2026, following a complaint that he had visited a food vendor at Owolanwa Junction in Agbado earlier that morning, purchased food items worth N2,600, and allegedly presented a fake bank transfer alert as proof of payment.
Police said a prompt response and coordinated investigation by operatives of the division led to the swift arrest of the suspect.
Preliminary investigations reportedly revealed that the suspect had been operating a pattern of fake and scheduled transfer scams across Agbado and neighbouring communities, targeting unsuspecting residents and business owners.
During interrogation, the suspect allegedly confessed to engaging in the fraudulent activities over a period of time, with proceeds from the scheme estimated at about N10 million.
Reacting to the arrest, the Commissioner of Police, Bode Ojajuni, commended officers of the Agbado Division for their professionalism, vigilance, and swift operational response.
He reaffirmed the Command’s commitment to tackling financial and cyber-enabled crimes across Ogun State.
The police commissioner also advised traders, business owners, and residents to always verify payments through banking applications or account statements before releasing goods or rendering services in order to avoid falling victim to fraudulent schemes.
The Command urged members of the public to remain vigilant and report suspicious activities through its emergency lines.
