Men of the Ogun State Police Command have arrested one Adeshola Muyiwa over an alleged N2,600 transfer fraud in the Agbado axis of Ifo Local Government Area of the state.
The 23-year-old suspect was said to have visited a food vendor at about 8 a.m. on Sunday at Owolanwa Junction, Agbado, purchased food items worth N2,600 and presented a fake transfer alert as proof of payment.
He was arrested at about 11:45 a.m. by officers of the Agbado Division under the leadership of the DPO, Adesanya Oyekanmi.
Confirming the arrest on Monday, the Police Public Relations Officer, DSP Oluseyi Babaseyi, said preliminary investigation revealed that the suspect had been operating a consistent pattern of fake and scheduled transfer scams across the area, targeting unsuspecting members of the public.
Babaseyi stated that during interrogation, the suspect confessed to engaging in the fraudulent activity over a period of time, with proceeds from such acts allegedly running into approximately N10 million.
He said, “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.
“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.”
The police spokesperson also quoted the State Commissioner of Police, Bode Ojajuni, as commending the professionalism, vigilance, and operational effectiveness of officers of the division, reaffirming the command’s commitment to sustaining the fight against financial and cyber-enabled crimes across the state.
Ojajuni also 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 avoid falling victim to fraudulent schemes.
Meanwhile, GISTSMATE MEDIA learnt that the suspect was on Monday arraigned in court on a two-count charge bordering on stealing and breach of public peace.
He was granted bail of N20,000, while the case was adjourned until May 25, 2026.
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