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Originally published by Citizen Digital
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September 7, 2025
3h ago

Man arrested for allegedly conning foreigner over Ksh.4M in fake gold deal

Man arrested for allegedly conning foreigner over Ksh.4M in fake gold deal

The foreigner reported that he bought 500 grams gold from Magero but subsequent testing led to the discovery that the gold was counterfeit...

✨ Key Highlights

A man has been arrested in connection with allegedly swindling a Pakistani national out of over Ksh.4 million in a counterfeit gold transaction. The suspect, Stephen Magero, was apprehended after the victim reported the scam to Karen Police Station.

  • The victim, a Pakistani national, was defrauded of USD 34,800 (Ksh.4.5 million).

  • Stephen Magero was arrested by the Directorate of Criminal Investigations (DCI) at Sultan Suites, Ngong View Estate.

  • Authorities seized ten bars of suspected fake gold, smelting machines, and a mining certificate under the name Chawanda Minerals as exhibits.

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