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JUST IN: Suspects to Surrender Luxury Cars, Motorbikes Linked to Kes.449.6M Digital Loan Fraud 

  The High Court has ordered seven suspects in a Kes.449.6 million digital loan heist to surrender their luxury vehicles and motorbikes, deemed proceeds of crime, to the government. Justice Patrick Otieno ruled that these assets be transferred to the Asset Recovery Agency (ARA), following an investigation into a sophisticated scheme targeting NCBA Bank’s Fuliza loan service. The ARA investigation revealed that the suspects—identified as Gideon Kipkirui, Kipkemoi Isac, Edwin Kipkorir, Nelson Kamau, Gideon Kibet, Jonnes Kipkurui, and Gedion Kipkoech—allegedly used more than 19,000 fake identities to register SIM cards, which they used to secure multiple loans fraudulently. The suspects would
The post Suspects to Surrender Luxury Cars, Motorbikes Linked to Kes.449.6M Digital Loan Fraud appeared first on Nairobi Wire. Read More

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