Detectives from the Operations Support Unit (OSU) arrested one David Onyango Ochanda, a man long on the police radar for orchestrating a sophisticated gold scam that fleeced an American investor of USD 225,968.64 (Sh25 million).
The elaborate scheme dates back to April 3, 2024, when the unsuspecting investor jetted into the country to finalise a deal involving the purchase of 3,370 kilograms of gold.
Upon arrival, he was ushered into an office on Chalbi Drive in Lavington, Nairobi, where he signed a Sales and Purchase Agreement.
The investor even witnessed a smelting process at the seller’s agent’s office, an act meant to reinforce the illusion of legitimacy.
On April 25, 2024, the agent introduced the investor to Toureg Insurance Brokers Limited, allegedly tasked with insuring the gold during transit, whose contact person was David Onyango Ochanda.
An addendum to the original agreement was signed to include insurance charges, and an invoice was issued for USD 226,012.76.
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