Mr Olaogun Tunde popularly known as Mr Stainless is said to be a masterpiece for the defrauding of one Mr Kelvin Oyenuga who was said to be a computer engineer and also a distributor of computer appliances.
These appliances, which he ordered the supply of 25 units of HP laptops to the Lagos state Ministry of Works, Alausa district.
He was also accused of defrauding one of his ex lover in person of Dunni Anifowose for the purchase of a Nigerian used Toyota corolla car which she deposited a certain amount to him.
Tunde Olaogun is said to have studied Microbiology at the Lagos State University. He is also MD/CEO of Unveiling Royalty Lounge and Suites in Ikeja. He got married to Oluwakemi Tunde Olaogun in September 2012.
Mr Olaogun, 33, was paraded on Wednesday by the Lagos State Police Command after he was arrested by operatives of the Rapid Response Squad (RRS).
According to the police, the suspect generated a false bank alert which he used to defraud his last victim of 25 cartons of HP computers valued at N4.5million.
Mr Olaogun was said to have promised the company to remit N2.5million within two weeks of the purchase, but instead of doing so, he showed them a bank alert indicating he had made payments.
He was told to be dismissed at the Lagos state ministry of environment, Alausa in 2015, some charges were brought against him for using a fake bank statement to require loan from a local commercial banks.
He will be transfered to the State CID,Panti Yaba for further investigation and interrogation.