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Man arrested for defrauding foreigner of Sh800 million in fake gold deal

Man arrested for defrauding foreigner of Sh800 million in fake gold deal

A side-by-side image of the suspect and a shipment of fake gold nuggets and fake U.S. currency recovered during his arrest. PHOTOS | COURTESY | ICD

Nairobi Police have arrested a man for his alleged involvement in supplying 161,000kg of fake gold, leading to him cheating a Georgian national of US$6,090,500 (Sh822.2 million).

Frederick Thuranira M’mburi was captured by detectives from the Operations Support Unit at his home in the Githunguri area of ​​Utawala while he was in possession of fake US currency and around 80kg of fake gold nuggets.

“M’mburi was arrested on Wednesday night by Operations Support detectives at a house where around 23,600 counterfeit US currency notes (100 denominations) were found stuffed into two travel bags and a steel box,” reported the Directorate of Criminal Investigations (DCI). ) said in a statement.

“Fake gold nuggets were also seized in eight green canvas bags weighing approximately 10kg each.”

The DCI revealed that the Georgian believed he was in a multi-million dollar gold deal with a Ghanaian partner, who was allegedly moving the West African nation’s gold shipment to Kenya.

The Ghanaian was reportedly required to spend the said amount on the movement of the shipment as well as documentation and storage services upon arrival.

“In the multi-million dollar fake gold scam, the Georgian trader reported trading tons of gold bars with a Ghanaian partner through a letter of administration to the Ghana High Court of Justice, subsequently spending US$6,090,500 on the shipment movement. from Ghana to Kenya, documentation and storage services,” DCI explained.

However, further investigation by detectives revealed that the Georgian had been scammed from the beginning and that no shipment was ever transported from Ghana to Kenya.

According to the DCI, there is a syndicate operating between the gold mining nations and Nairobi, which is the transit route to other nations, to defraud unsuspecting businessmen.

“Preliminary investigations by OSU detectives reveal that the victim was deceived with the word ‘Go’ by a well-organized network of scammers whose names and machinations are not new to court records and that such amounts of real or gold were never transported. false to Kenya from Ghana,” said the DNI.

“What is even more established is that fraudsters in countries believed to be mining gold are conspiring with local and foreign accomplices stationed in the Kenyan capital (Nairobi) to fleece unsuspecting traders, being a strategic transit route for the metal. beautiful from most African countries to the United Arab Emirates and other countries. .”