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Home | Fake Army General Arrested for N270 Million Fraud

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Fake Army General Arrested for N270 Million Fraud

Published: June 15, 2025
Last updated: June 15, 2025
2 Min Read
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The Economic and Financial Crimes Commission (EFCC) Lagos Zonal Command arrested one Bolarinwa Oluwasegun, a phony Army General, for an alleged N270 million fraud.

The suspect, who pretended to be a General in the Nigerian Army, allegedly told the complainant, Kodef Clearing Resources, that President Muhammadu Buhari had shortlisted him and one other for the position of Chief of Army Staff, COAS, and that he needed a short grant “to press and process the appointment.”

He is also accused of forging a letter of appointment as COAS purportedly signed by the President and displaying it to the victim to prove his legitimacy.

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In the letter, he claimed that as part of the requirements for the appointment as COAS, he needed to pay a certain amount of money into the coffers of the Federal Government of Nigeria.

According to the EFCC’s spokesman, Wilson Uwujaren, the suspect allegedly forged several documents and the President’s signature in his attempt to defraud the victim.

“Operators of the EFCC’s Lagos Zonal Command have arrested one Bolarinwa Oluwasegun, a fake Army General, for an alleged N270m fraud,” according to the statement.

The suspect, who pretended to be a General in the Nigerian Army, allegedly told the complainant, Kodef Clearing Resources, that President Muhammadu Buhari had shortlisted him and another person for appointment as the Chief of Army Staff, that he needed grant “to process appointment”

“He also allegedly forged a letter of appointment as COAS purportedly signed by the President and presented it to the victim as further proof of his claim.”

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