A suspected fraudster behind serial fake bank transfer fraud has been arrested and taken into custody by the Nigeria police Command
in Ogun State.
23-year-old Adeshola Muyiwa ‘M’, was taken into police custody, over his involvement in serial fake bank transfer fraud within Agbado axis and adjoining communities.
Detectives of Agbado Division under the leadership of CSP Adesanya Oyekanmi, the Divisional Police Officer arrested the suspect on May 17, 2026 at about 1145 hours, police spokesman in the State, DSP Oluseyi Babaseyi said in a statement.
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.
“Prompt response and coordinated investigative action by operatives of Agbado Division led to the swift arrest of the suspect.
“Preliminary investigation revealed that the suspect had been operating a consistent pattern of fake and scheduled transfer scams across Agbado and neighbouring areas, targeting unsuspecting members of the public.
“During interrogation, he reportedly confessed to engaging in the fraudulent activity over a period of time, with proceeds from such acts allegedly running into approximately Ten Million Naira (₦10,000,000)”, the statement said.
The Commissioner of Police, Ogun State Command, CP Bode Ojajuni, commended the professionalism, vigilance, and operational effectiveness of the officers of Agbado Division under CSP Adesanya Oyekanmi.
He lauded the team for their swift response and successful apprehension of the suspect, while reaffirming the Command’s commitment to sustaining the fight against financial and cyber-enabled crimes across the State.
He further advised traders, business owners, and residents to ensure strict confirmation of payment receipts via banking applications or account statements before releasing goods or services, in order to prevent falling victim to fraudulent schemes.
