Stephen Magero is in police custody after being accused of defrauding a Pakistani national of USD 34,800 (Ksh. 4.5 million) in a fake gold scam. According to the Directorate of Criminal Investigations (DCI), the victim reported purchasing 500 grams of gold from Magero, which later tested positive as counterfeit.
Following the complaint filed at Karen Police Station, DCI officers launched a joint operation that led to Magero’s arrest at Sultan Suites in Ngong View Estate. Authorities seized several items believed to be evidence, including ten bars of suspected fake gold, business cards under the name John Mbalaka, a MacBook Pro, smelting machines, a mining certificate for Chawanda Minerals, a weighing machine, containers with sand, and assorted documents.
Magero remains in custody awaiting arraignment.
