Detectives from the Directorate of Criminal Investigations have unraveled the con game behind the Ksh2 billion fake cash found in a safety deposit box in Barclays Bank, Queens way branch.
The flying squad officers acted before the suspects could defraud a businessman of Ksh10 million.
The businessman whose identity was not revealed had already bought into the idea sold to him by the culprits who claimed to be foreign investors.
The victim told authorities that he had already seen the cash which was supposed to be capital for an upcoming venture.
He was shocked at how the authorities had learned of the intended transaction.
Before the businessman deposited Ksh10 million to at the same bank, the flying squad detectives directed him in their offices.
While at the victim was at DCI offices, the suspects kept calling him asking for his whereabouts as they were already at the bank.
Sleuths established that the safety deposit box had been in use since November 2017.
They are investigating the extent to which the syndicate has conned other unsuspecting Kenyans.
One of the suspects arrested, Dr Eric Otieno Adede, is a politician who had vied for the Homa Bay Constituency seat in 2017.
The rest are Ahmed Shah, who was posing as an investor, accomplices Elizabeth Muthoni and Irene Wairimu Kimani as well as Boaz Ochich and Charles Manzi who are bank officials.
