Mr Wilson Uwujaren, EFCC Head, Media and Publicity, said in a statement on Thursday that the suspect paraded himself as the Chief of Army Staff.
He said the anti-graft agency found six pump action guns, three cartridge bullets; a swagger stick and several forged documents during his arrest.
“The fake army general, Oluwasegun, was arrested by operatives of the EFCC, Lagos Zonal Command, for an alleged N270 million fraud.
“The suspect, who posed as a general in the Nigerian Army, allegedly made false representations to the complainant, Kodef Clearing Resources.
“Oluwasegun told the complainant that President Muhammadu Buhari shortlisted him and one other, to be appointed as the Chief of Army Staff (COAS).
“The suspect said that he needed a short grant “to press and process the appointment as COAS,” Uwujaren said.
The EFCC spokesman said that the suspect allegedly forged a letter of appointment as COAS purportedly signed by President Buhari and presented it to his victim to further prove his claim.
“In the said letter, Oluwasegun claimed that he needed to pay a certain amount of money into the coffers of the Federal Government, as part of the requirements for the appointment as COAS.
“The suspect, in his bid to defraud the victim, also allegedly forged several documents and the signature of President Buhari.
“Oluwasegun was arrested in his house in the Alagbado area of Lagos State on Wednesday, Jan. 12,” he said.
Uwujaren said the suspect would be charged to court as soon as investigation was concluded.