Odita Sunday 
By Odita Sunday
A growing wave of fake bank transfer scams troubling small business owners in Ogun State suffered a major setback after police operatives in Agbado arrested a 23-year-old suspect allegedly linked to a string of fraudulent transactions worth millions of naira.
The suspect, identified as Adeshola Muyiwa, was apprehended by detectives attached to the Agbado Division of the Ogun State Police Command following complaints over his alleged involvement in serial fake transfer fraud across Agbado and neighbouring communities.
Police said the arrest was made on Saturday after the suspect allegedly visited a food vendor at Owolanwa Junction in Agbado around 8 a.m., purchased food items valued at ₦2,600, and presented a fake bank transfer alert as evidence of payment.
According to the Command, swift investigative efforts coordinated by the Divisional Police Officer, CSP Adesanya Oyekanmi, led to the suspect’s arrest barely hours after the incident was reported.
Preliminary investigations reportedly uncovered a wider fraud network operated by the suspect, who allegedly specialised in using fake and scheduled bank transfer alerts to deceive unsuspecting traders and business owners.
Police sources disclosed that the suspect confessed during interrogation to engaging in the fraudulent scheme for some time, with proceeds from the illicit operation estimated at about ₦10 million.
Commending the officers for their professionalism and rapid response, the Commissioner of Police, Ogun State Command, Bode Ojajuni, praised the vigilance of the Agbado Division and reaffirmed the Command’s determination to clamp down on financial and cyber-related crimes in the state.
The police boss also urged traders and residents to verify all payment transactions through their banking applications or account statements before releasing goods or rendering services to customers.
The Command further appealed to members of the public to remain vigilant and promptly report suspicious activities through its emergency channels.
About the Author
