Ogun Police Arrest 23-Year-Old Olusola Muyiwa Over Alleged Fake Bank Transfer Fraud in Agbado

The Ogun State Police Command has arrested a 23-year-old man, Olusola Muyiwa, in the Agbado area for allegedly using a fake bank transfer alert to defraud a food vendor of N2,600. Muyiwa was apprehended by detectives attached to the Agbado Division on May 17, 2026, following a complaint lodged at the station.

The command’s Public Relations Officer, DSP Oluseyi Babaseyi, confirmed the arrest in a statement on Monday. Babaseyi explained that the suspect had visited a food vendor at Owolanwa Junction, Agbado, at approximately 8:00 a.m. on the same day, purchased food items worth N2,600, and fraudulently presented a fake transfer alert as proof of payment.

“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 (N2,600), and fraudulently presented a fake transfer alert as proof of payment,” Babaseyi stated.

The police spokesperson further revealed that preliminary investigations showed Muyiwa had allegedly been operating a consistent pattern of fake and scheduled transfer scams across Agbado and neighbouring communities, targeting unsuspecting residents and traders.

During interrogation, the suspect reportedly confessed to engaging in the fraudulent activity over a period of time, with proceeds from such acts allegedly amounting to approximately N10 million.

The Commissioner of Police in Ogun State, Bode Ojajuni, commended the professionalism and operational effectiveness of the officers of Agbado Division for their swift response. Ojajuni reaffirmed the command’s commitment to sustaining the fight against financial and cyber-enabled crimes across the state.

Ojajuni 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.

Babaseyi added that the command urges the public to remain vigilant and report suspicious movements or criminal activities through designated police emergency lines.