Police have discovered means through which conmen use fake cash to entice unsuspecting victims into investing to have their money multiplied.
This was after police in Kisii nabbed three suspects with Ksh38 million fake money bundled in dollar bills of 100.
Speaking on the incidence, Nyamachae OCPD Japheth Mwirichia noted that the suspects inform their victims that they will make them any amount of money they wish.
To prey on the victims, they then ask them to part with a fee where in some cases, one can be told to pay up Sh500,000 in order to get Sh5 Million in return.
The police further noted that after being tipped off by the public, they laid down an ambush plan and discovered that the three suspects, who are now in police custody, aimed at conning the public through a syndicate they manage.
Mr. Mwirichia also revealed that they recovered up to 270,000 dollars in possession of the suspects, in parcels in a Subaru Imprezza and a Nissan Bluebird, and an additional 110,000 already at the home of one of their victims.
The police also recovered equipment and chemicals believed to be used in the manufacture of the fake money.
This comes days after a Member of Parliament is reported to have lost up to Ksh76 million in a fake cash mastermind of a similar design.
The MP sold his car and a posh Karen home to get the cash to the scammers with the hope that it would be multiplied.
The conmen, two foreigners and a Kenyan who conned the MP among several other Kenyans, were arrested in possession of Ksh1 billion in foreign currency and are in custody while investigations continue.
The Kisii suspects, who are still unidentified, will appear before Ogembo Law Courts on Thursday.
