FEATURED STORY

Four arrested over multi-million ‘Uwezo Fund’ fraud

Share
Mug Shots of suspects posted online by the Directorate of Criminal Investigations (DCI)
Share

Police have arrested four young men who have defrauded unsuspecting Kenyans millions of shillings under the guise they would facilitate access to Uwezo Funds loans.

According to the Directorate of Criminal Investigations, the suspects created a website similar to that of Uwezo Fund, uwezofund.org, and have been using the name of First Lady Margaret Kenyatta to cheat their victims into sending Ksh 500 as an application fee for loan processing.

Those arrested are Collins Kiptanui, Joakim Kibet, Domnic Kimutai and Brian Kiplagat. They all hail from Nandi county but were nabbed in Roysambu, Nairobi. They would face stealing and electronic fraud charges.

On the website, the four claim to have delivered personal loans of up to Ksh 100,000 to over 600,000  people in Kenya with a range of payment options.

“The amount approved will be sent via MPESA within 30 minutes of application.This amount is based on your previous credit history as well as your usage of Mobile Money services like MPESA,” the site adds.

It even includes purported testimonials from Public Service and Youth Chief Administrative Secretary Rachel Shebesh and two alleged past beneficiaries to back up their scheme.

Meanwhile, detectives working on intelligence arrested two women in Thika for drugging unsuspecting victims before robbing them off. Several Stilnox tablets used to stupefy people in clubs and several SIM cards recovered.

“The SIM cards which were registered in different names are believed to have been used to withdraw money from the victims Bank accounts. The two suspects will be arraigned in court on Monday,” DCI said on Twitter.

The two, Mary Nyaguthii Mathari and Mary Nyamwea Gathiaka, will be charged with the offence of stealing and stupefying.

 

Written by
BT Reporter -

editor [at] businesstoday.co.ke

3 Comments

Leave a Reply

Your email address will not be published. Required fields are marked *

PAST ARTICLES AND INSIGHTS

Related Articles
KQ now has a new board chairman Kiprono Kittony
BUSINESSLEADERSHIP

Kenya Airways Appoints 4 New Board Members, Among Them President Ruto’s Allies

Kenya Airways has appointed Mr. Kiprono Kittony, Mr. Chris Diaz, Prof. Winnie...

Industry Brief Summary December 2025 Updated 768x543
BRAND VOICESMART MONEY

Kenya’s Pension Industry Assets Hit KSh 2.81 Trillion in 2025

Kenya’s retirement benefits industry closed December 2025 pension assets of KSh2.81 trillion,...

NSE
FEATURED STORYNEWS

Nairobi Securities Exchange: Impact of the Ongoing Middle East Conflict

Nairobi Securities Exchange(NSE) is expected to be impacted by the unfolding events...

Absa Bank Kenya
BUSINESSECONOMYFEATURED STORYNEWS

Absa Bank Kenya Rewards Shareholders with Fat Dividend Cheque

Absa Bank Kenya has announced a final dividend of KSh 1.85, bringing...