Detectives from the Directorate of Criminal Investigations (DCI) have apprehended a suspect involved in a scam that caused a Nigerian businessman to lose 150 million Naira (about Ksh.12.5 million).
Stephen Mugambi Colbert, along with his accomplices, allegedly posed as legitimate businesspeople offering private jet services to transport investment funds from Kenya to Nigeria.
According to the DCI, Mugambi and his associates approached the unsuspecting victim earlier this month with a fabricated business proposal. They convinced the businessman that they could facilitate a secure transfer of funds via a private jet. Trusting their pitch, the victim transferred the large sum, only for the fraudsters to cut off all communication after receiving the money.
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"After realizing he had been scammed, the foreign national sought assistance from the DCI, prompting a manhunt for the perpetrators," the DCI said in a statement. "While Mugambi was arrested, his accomplices managed to narrowly evade capture, but it’s only a matter of time before they are tracked down and held accountable."
The DCI also issued a strong warning to the public, advising caution in business dealings, particularly those involving substantial sums of money. They also noted an increasing trend where fraudsters are using cryptocurrency to avoid detection and bypass the traditional financial system.
