Adeshola_Muyiwa arrested for ₦10M fraud
Analysis based on 8 articles · First reported May 18, 2026 · Last updated May 18, 2026
The arrest of Adeshola Muyiwa>>> for serial fake bank transfer fraud, amounting to ₦10,000,000, is a positive development for market participants as it demonstrates the Nigeria — Lagos State Police Command>>>'s efforts to combat financial crime. This action helps to reduce risks for traders and business owners, potentially fostering a more secure environment for transactions and reducing losses due to fraud.
A 23-year-old man, Adeshola Muyiwa>>>, was arrested by the Nigeria — Lagos State Police Command>>> on May 17, 2026, for allegedly defrauding members of the public through fake bank transfer scams. He confessed to defrauding victims of approximately ₦10,000,000 across various locations in the Agbado axis. The arrest followed a report from a food vendor who was defrauded of ₦2,600. Commissioner of Police, Bode Ojajuni>>>, and other officials like Oluseyi Babaseyi>>> and Adesanya Oyekanmi>>>, reaffirmed the command's commitment to fighting financial and cyber-enabled crimes and advised residents to verify payments.
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