- An Indian investor lost KSh200 million to fraudsters who packed riverbed pebbles for him instead of Gold at JKIA.
- DCI has arrested a Kenyan, Hezbon Nyabola, in connection to the gold scam syndicate
An India-based investor is counting losses after being defrauded close to KSh200 million by fraudsters posing as gold dealers.
The suspected fraudster identified as Cavalho Lopes from Guinea Bissau reportedly obtained $1,780,000 (approximately KSh195,800,000) from one Malian Sanjay, based in Mumbai, India on the pretext that he would sell him 44.45 Kgs worth of gold.
According to investigations by Serious Crimes detectives based at DCI headquarters, the gold was to be shipped from Guinea Bissau through Kigali, Rwanda, before being loaded on a plane to India via Jomo Kenyatta International Airport.
“Once the complainant received confirmation from Lopes that the shipment was on transit to Nairobi, he was contacted by a person purporting to be from Kenya Revenue Authority a few days after,” says the DCI.
The caller identified as Hezbon Nyabola, who has since been arrested, reportedly informed Sanjay that his consignment, Airway Bill No706-27720626 had been detained at JKIA for non-payment of customs duty.
“As a result, Sanjay sent him a further $26,700 to clear the consignment and facilitate its shipment. All along, the investor had not realized that he had been scammed until the gold failed to arrive in India within the agreed-upon time,” adds the DCI.
They were riverbed pebbles… not gold!
Sanjay became suspicious and sought the assistance of DCI detectives, who immediately moved in and recovered the consignment at JKIA.
Upon inspection, however, what was supposed to be gold worth over KSh190 million was discovered to be river bed pebbles, neatly arranged in a box.
Nyabola will be arraigned for obtaining money by false pretenses.