Mulot fraud · LEAD
Banking Graduate Arrested in Connection to Sh30 Million ‘Mulot’ Fraud Scheme
A 2024 university graduate with a degree in accounts and financial banking has been detained by authorities for his alleged role in a widespread bank fraud operation that has siphoned millions from Kenyan financial institutions. Victor Kiptoo appeared before Senior Principal Magistrate Dolphina Alego at the Milimani court, where prosecutors requested a 14-day detention period […]