Detectives from Kenya’s Directorate of Criminal Investigations (DCI) have arrested a woman in Kilimani, Nairobi accused of orchestrating a fake gold deal that swindled an American citizen out of USD 431,380 (Ksh 55.7 million).
The suspect, identified as Mildred Kache alias Sabreena Ayesha was taken into custody after a dramatic raid in Crystal Villas, while her fellow accomplice, known as Ibrahim Yusuf Mohammed, escaped, leaving a luxury Mercedes –Benz. According to investigators, the victim was lured into a fraudulent transaction promising 400 kilograms of gold bars.
The fraudster staged a meeting in Nairobi’s upscale Kilimani neighborhood and forged export documents to convince the investor the deal’s authenticity.
The American citizen, traveled to Kenya to sign the agreements before transferring the funds in cryptocurrency. The fraudsters vanished immediately after they received the money, leaving the investor without the promised gold.
This is the latest case of gold fraud that has tarnished Kenya’s reputation in international business circles, targeting wealthy foreigners.
DCI has started its crackdown on the cartels, warning investors to verify dealers through official channels. Ayesha is expected to face charges in court, while detectives continue to pursue her accomplice.
