Four held for trading in fake gold, fraudulently obtaining Sh29 million - News Summed Up

Four held for trading in fake gold, fraudulently obtaining Sh29 million


Four suspects were at the weekend arrested for allegedly obtaining Sh29 million from a foreigner in the pretext of selling him gold. DCI George Kinoti said the suspects obtained over Sh29 million from an unsuspecting client on the pretext that they would sell him gold. Police say they have dozens of cases of complaints from foreigners who say they had been conned by Kenyans pretending to be selling gold. The DCI also told the traders to be wary of a marauding fake gold syndicate operating in the country. “The gold scam has now reached alarming levels as unsuspecting foreign nationals are being swindled large amounts of money by fraudsters,” he said.


Source: Standard Digital September 27, 2020 10:26 UTC



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