This archive report was first published on 9 October 2019.
On Tuesday, Patrick Muchiri Kamau, a middle-aged businessman, was charged at the Makadara law courts with obtaining Sh 375,000 from a Nairobi accountant and an additional Sh50,000 from a trader by false pretenses.
The scammer allegedly conned the complainants by falsely claiming he was in a position to open a forex account and invest in forex bitcoin investments with a company called BNB Forex.
Benjamin Ndei Mugoya, the accountant, met Kamau in the CBD through a friend and was convinced that there were huge returns in the business.
However, Kamau told Mugoya that he needed to deposit Sh400,000 in his bank account to be forwarded to BNB Forex for opening a trading account.
Anticipating huge profits, Mugoya started transferring the cash in different amounts on different dates between April and May.
Kamau later switched off his phone on May 22 after receiving a total of Sh375,000 from Mugoya.
He had already received Sh50,000 in two installments in December last year and January this year.
Published on October 9, 2019.
