Two individuals accused of orchestrating a Ksh22.4 million fraud scheme involving a fake edible oil supply tender have been arraigned in court.
The Directorate of Criminal Investigations (DCI) presented Teresia Wanjiku Boru and Hosea Munge Mbugu before the court following their arrest for allegedly defrauding five businessmen in City Market, Nairobi.
The Elaborate Con
The scam, which unfolded in January 2024, began when Hosea Munge approached the victims with a lucrative business opportunity, claiming that his associate, Teresia Wanjiku, had secured a high-value contract with the World Food Program (WFP) to supply edible oil to Kakuma Refugee Camp.
Tempted by the promise of huge profits, the businessmen invested millions in the deal. To make the scheme appear credible, the fraudsters took them to Eldoret, where they met fake WFP officials and signed what they believed to be a legitimate contract. However, once the money was transferred, the fraudsters disappeared and cut off all communication.
Arrest and Court Proceedings
Using forensic intelligence, DCI detectives tracked and arrested Wanjiku in Narumoru and Munge in Nairobi.
The suspects were arraigned in court, where Wanjiku was denied bond due to an outstanding warrant from a previous case. Munge was granted bond of Ksh900,000 with a similar surety or a cash bail option of Ksh400,000.
Authorities are urging any other victims of the scam to report to DCI Nairobi Regional Headquarters or provide information anonymously via the Fichua Kwa DCI toll-free number.
This case serves as a warning for businesses to verify contracts thoroughly before engaging in large financial transactions.
