Controversial city businessman and proprietor of ‘Plan 254 Club’ in Nairobi’s Kilimani area Stephen Mark Oduk was yesterday night arrested by the Directorate of Criminal Investigations detectives and fake currencies, fake gold bars and safe recovered at the entertainment joint.
The Wednesday night intelligence led operation was undertaken after it became apparent the suspect in connection with other cartels involved in the shady dealings were planning to fleece a foreigner.
DCI officers seized one million fake papers resembling U.S Dollars, 147 fake gold bars, 3000 black papers of U.S. dollars along Nyangumi Road.
The black notes were in denominations of $100 and were discovered alongside four portable safes that were locked.
Stephen Mark Oduk, the owner of the club has been arrested and is currently being held at the Parklands Police Station.
Previously, he was accused of defrauding Danta International for gold scamming.
According to the Directorate of Criminal Investigations (DCI), Oduk is set to be arraigned on later in the day.
Early this month, police arrested a man with fake currencies worth Ksh.200million in Kileleshwa.
According to the DCI, Bobby Kariuki, 27, was found with fake U.S. dollars, Euros and Pounds.
And on May 20 this year, detectives probing a fake gold scam raided a residential area in Riara where they discovered a smelting centre.
DCI George Kinoti revealed that once melted into ingots, the metal with insignificant gold content was being used to lure unsuspecting businessmen.
He said they have solid leads on suspects involved in the fake gold racket in Kilimani, some of whom are influential businessmen, lawyers and judicial officers.