A Luthuli Avenue businessman who ran a forex bureau and an electronics shop is now fighting six criminal charges after prosecutors say he pocketed Sh32.3 million meant to ship 495 kilograms of gold from Kenya to Dubai. The gold never existed. The money vanished within hours. And the trail leads all the way to Hong Kong.
A phone trader’s decade-long supply chain link to the Chinese handset giant became, investigators allege, the perfect pipeline through which stolen investor money vanished into Hong Kong — as a fugitive lawyer with three fraud cases to his name remains at large
Owano, the advocate behind MOAC Advocates, has found himself cast not as a professional servant of the law but as the alleged operational linchpin of a criminal enterprise targeting foreigners.
NAIROBI, Kenya — A man described by detectives as a seasoned con artist has been hauled before a Nairobi court after allegedly masterminding a sophisticated gold scam that robbed an American businessman of USD 217,900, approximately Sh28 million, in what investigators are calling one of the most brazen cases of money laundering and fake gold […]
How Kenya’s legal practitioners have become key enablers in transnational gold fraud schemes targeting foreign investors In the plush offices of Kilimani’s China Wu Yi Plaza, where legitimate businesses operate alongside shadowy enterprises, a disturbing trend has emerged in Kenya’s “wash wash” economy – the systematic recruitment of lawyers as key facilitators in elaborate gold […]
