Detectives from the Directorate of Criminal Investigations (DCI) have apprehended a suspect linked to a scam that caused a Nigerian businessman to lose 150 million Naira (around Ksh.12.5 million).
Stephen Mugambi Colbert and his partners allegedly pretended to be legitimate businesspeople offering private jet services to transfer investment funds from Kenya to Nigeria.
The DCI reported that Mugambi and his accomplices approached the unsuspecting victim earlier this month with a fake business proposal.
They claimed they could securely transfer investment funds using a private jet, convincing the businessman to send the large sum.
After the payment was made, Mugambi and his team cut off all communication, leaving the victim in a difficult situation.
“After realizing he had been scammed, the foreign national contacted the DCI for assistance, prompting a search for the fraudsters that led to Mugambi’s arrest,” the agency stated.
“While his accomplices narrowly escaped capture, it is only a matter of time before they are found and held accountable.”
The DCI also warned the public to be cautious when engaging in business transactions, especially those involving significant amounts of money.
They noted a rising trend where scammers are using cryptocurrency to avoid detection and bypass traditional financial systems.
