Police in Ogun State have arrested a 23-year-old suspect, Adeshola Muyiwa,for allegedly defrauding members of the public of ₦10 million through a fake bank transfer scheme in the Agbado axis and nearby communities within the state.

The suspect was arrested on May 17, 2026 at about 1145hrs following a report that at about 0800hrs.

He was reportedly said to have visited a food vendor at Owolanwa Junction, Agbado, purchased food items worth ₦2,600) and fraudulently presented a fake transfer alert as proof of payment.

Police Public Relations Officer DSP Oluseyi Babaseyi confirmed this to newsmen in a statement in Abeokuta yesterday

Babaseyi said that upon the information, operatives of Agbado Division swiftly swung into action and arrested 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 (N10,000,000).” he said

However, the Commissioner of Police,CP Bode Ojajuni, commended the professionalism, vigilance, and operational effectiveness of the officers of Agbado Division under CSP Adesanya Oyekanmi for their swift response and successful apprehension of the suspect.

Ojajuni reaffirmed 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.