Police are holding a Zambian national and a Kenyan for defrauding a businessman Sh8.8million in pretext they would sell him gold.
Detectives attached to the Serious Crime Unit from the Directorate of Criminal Investigations arrested Pupe Chipando and Mark Muriri during a raid over the weekend in Kilimani, Nairobi.
The duo are detained at Kilimani Police Station ahead of today’s arraignment.
They will be charged for being in possession of fake gold and obtaining money through menaces.
Police recovered suspected fake gold and other gold refinery equipment. They are in police custody as exhibits.
“Early today, DCI detectives from Serious Crime Unit arrested two people including a Zambian for allegedly conning a man over 88,500 US Dollars in fake gold scam. The two suspects, Pupe Chipando (Zambian) and Mark Muriri are in lawful custody awaiting arraignment on Monday.” The Director of Criminal Investigations George Kinoti said.
Despite reported cases of people being defrauded hundreds of millions of shillings, a number of gold fraudsters have continued conning gullible Kenyans by selling them fake gold.
Majorly, they target foreigners and local investors using lawyers as proxies to avoid flagging of suspicious transactions involving hundreds of millions by the Financial Reporting Center and the Banking Fraud Investigation Unit (BFIU).
In April this year, Flying Squad detectives arrested six suspects, including Rwandese nationals with about 70kg of fake gold along Lenana Road in Nairobi days after they defrauded a prominent Nairobi businessman Sh100 million.
In 2017, Seifried Frederic, a French national was arrested by detectives in Nairobi for defrauding a British national of Afghan origin Fazul Ahmed Sh800million in pretext he would send gold consignment to him.
Last year, Indian authorities arrested a Kenya Airways employee for smuggling of 156 bars of gold weighing 22.8 kilograms from Kenya into Mumbai valued at Sh100million.
Abdalla Ali aged 29 years was arrested on Tuesday in a botched attempt to check into a five star hotel in Mumbai shortly after landing.
He was aboard a KQ 210 that departed at 0705 hours and landed in Mumbai at 1545 local time.
Gold smuggling syndicate operating cross-border is using Kenya as transit point of the illegal activities with local cartels facilitating the illicit business linked to money laundering activities.