The Online Kenyan Logo

The Online Kenyan

K
Originally published by Kenyans
📰 Read Full Article
top
September 17, 2026
56m ago

Thousands of Kenyans Stranded After Investment Platform Freezes Funds

Thousands of Kenyans Stranded After Investment Platform Freezes Funds

The latest development comes just four days after the Capital Markets Authority cautioned Kenyans against investing with the platform...

✨ Key Highlights

Thousands of Kenyans are unable to access their funds after a US-based investment platform froze withdrawals, citing regulations it is not associated with and requesting further deposits.

  • Over 12,000 Kenyans reportedly invested in the scheme, with a minimum entry of Ksh65,000.
  • The Capital Markets Authority (CMA) has listed the platform among 15 entities operating without approval in Kenya.
  • Investors, including a significant number of teachers, were promised daily returns through copy-trading facilitated by an organization called Global Investment Group.

Continue Reading

Read the complete article from Kenyans

📰 Read Full Article
The Online Kenyan Android App

Kenya's news, briefed daily

Daily Briefs with audio, your topics, and breaking stories.

Get the Kenyan News appFree Android app on Google Play

Related News

StanChart introduces investment platform for wealthy Kenyans
business1d ago

StanChart introduces investment platform for wealthy Kenyans

Standard Chartered Bank Kenya has launched a new investment platform, Signature Select Variable Capital Company (VCC), aimed at wealthy Kenyan investors seeking diversified wealth management solutions.

C
Capital Business
📰 Read Full Story
Why More Kenyans Are Moving Their Money From Traditional Savings to Investment Funds
Video

Why More Kenyans Are Moving Their Money From Traditional Savings to Investment Funds

K
KTN News (Youtube)
2w ago
Investment fund crosses Sh20b mark after 77pc growth
2w ago

Investment fund crosses Sh20b mark after 77pc growth

Madison Investment Managers has announced significant growth, with its unit trust funds surpassing Sh20 billion following a remarkable 77 percent increase in value over the year ending June 2026.

T
The Standard Business
📰 Read Full Story
CMA Warns Kenyans Against Investing Money in 15 Platforms
top4d ago

CMA Warns Kenyans Against Investing Money in 15 Platforms

The Capital Markets Authority (CMA) has issued a stern warning to Kenyans regarding 15 investment platforms operating unlawfully and engaging in fraudulent activities. These entities are accused of soliciting funds without the necessary licenses or approvals.

K
Kenyans
📰 Read Full Story
Kenya steps up efforts to attract more foreign investment
Video

Kenya steps up efforts to attract more foreign investment

N
NTV Kenya (Youtube)
1w ago
Hundreds of travellers stranded in Kenya as aviation strike enters the second day
Video

Hundreds of travellers stranded in Kenya as aviation strike enters the second day

N
NTV Kenya (Youtube)
2w ago
The Online Kenyan Android App

Take Kenya's news with you

Breaking stories, daily briefs, and the topics you follow - on your phone, free.

Get the Kenyan News appFree Android app on Google Play