Four individuals involved in a gold scam have been arrested after detectives raided their residence and recovered incriminating evidence.
On Monday, July 28, the Directorate of Criminal Investigations (DCI) took to social media to reveal that the gang had been at the centre of gold scams that defrauded unsuspecting victims of their hard-earned money.
The detectives disclosed that the scammers had been arrested following a meticulously planned raid on a residence in Gigiri, on Whispers Avenue.
“Detectives from the Operation Support Unit (OSU) have arrested four individuals accused of perpetrating elaborate gold scams that have robbed unsuspecting victims of their hard-earned money,” DCI revealed.
“The suspects were taken into custody during a meticulously planned raid at a residence in Gigiri, situated along Whispers Avenue,” it added.
In the raid, the detectives recovered an array of what they termed as ‘incriminating evidence’, such as a gold smelting machine and an array of rubber stamps bearing the names of companies that were allegedly used by the gang in their criminal activities.
Other items recovered included numerous plastic seals, a weighing machine, and a cache of documents bearing stamp impressions from the East African Community, among other items.
Their arrest came days after the gang, through one of their fake companies, allegedly defrauded two Canadian nationals of $37,500 (Ksh4.8 million).
In revealing their arrest, DCI noted that suspects were currently in custody, undergoing processing in preparation for their arraignment.
Incidents of gold scammers though while common, have recently been on the rise. Earlier this month, a suspect who had been involved in a multi-million shilling gold scam was arrested, after nearly a year on the run.
The suspect, believed to be one of the operational masterminds behind a syndicate targeting foreign investors, was apprehended on Sunday, July 13, by detectives from the Operation Support Unit (OSU) following a sustained manhunt.
According to a police report, the suspect was linked to fraudulent gold purchase contracts involving over 1,080 kilograms of the precious metal.
The contracts were presented to foreign nationals with promises of secure delivery, guaranteed collateral, and legal support to facilitate the transactions.
However, a forensic analysis conducted on the so-called gold revealed that the material was a deceptive mix of copper, zinc, and tin, with no trace of any precious metal.
