Authorities in Ogun apprehend young man, 23, for supposedly orchestrating a fraudulent bank transaction worth N10 million

A 23-year-old man, Adeshola Muyiwa, has been taken into custody by the Ogun State Police Command for allegedly swindling innocent residents and traders using fake bank transfer alerts in the Agbado area and surrounding communities.

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The arrest was made by detectives from the Agbado Division, led by Divisional Police Officer CSP Adesanya Oyekanmi, who apprehended the suspect on Saturday, May 17, 2026.

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A food vendor at Owolanwa Junction, Agbado, had lodged a complaint, prompting the arrest, according to Police Public Relations Officer DSP Oluseyi Babaseyi.

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It is reported that the suspect had bought food items worth N2,600 from the vendor earlier in the day, before presenting a fake transfer alert as proof of payment.

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The police spokesperson stated that the arrest was made at approximately 11:45am, following a report that the suspect had obtained food items by presenting a fake transfer notification.

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The swift response and coordinated investigation by Agbado Division operatives led to the suspect's arrest shortly after the incident was reported, as explained by Babaseyi.

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Preliminary investigation revealed that the suspect had allegedly been operating a pattern of fake and scheduled transfer scams in Agbado and neighbouring communities, targeting unsuspecting members of the public.

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During interrogation, the suspect reportedly confessed to engaging in the fraudulent activities over time, with alleged proceeds amounting to about N10 million, according to Babaseyi.

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State Commissioner of Police Bode Ojajuni commended the officers and men of Agbado Division for their professionalism, vigilance, and operational effectiveness in tracking and arresting the suspect.

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The CP stated that the Command remains committed to fighting financial and cyber-enabled crimes across Ogun State.

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Ojajuni advised traders, business owners, and residents to always confirm payments through their banking applications or account statements before releasing goods or rendering services.

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He further urged the public to remain vigilant and promptly report suspicious activities and criminal movements to security agencies.