The Micro and Small Enterprises Authority (MSEA) has issued a warning about a fraudulent mobile money scheme targeting youth claiming to be from the National Youth Opportunities Towards Advancement (NYOTA) project. The MSEA clarified that no NYOTA funds have been disbursed via mobile money and urged the public to disregard such messages.

• MSEA flagged a fraudulent scheme on Monday, October 27, involving fake mobile money messages.
• Youth are being prompted to send money to unknown numbers after receiving fake messages claiming NYOTA funds.
• The NYOTA project, a five-year transformative agenda funded by the World Bank, aims to empower 90,000 youth through technical training and grants of Ksh50,000 each.
• Official NYOTA communications will only come from 'NYOTA KE' via SMS and verified social media pages.