Close Menu
    Facebook X (Twitter) Instagram
    Facebook X (Twitter) Instagram
    KahawatunguKahawatungu
    Button
    • NEWS
    • BUSINESS
    • KNOW YOUR CELEBRITY
    • POLITICS
    • TECHNOLOGY
    • SPORTS
    • HOW-TO
    • WORLD NEWS
    KahawatunguKahawatungu
    COURT NEWS

    Two arraigned for defrauding woman of Sh15 million in fake cryptocurrency deal in Nairobi

    KahawaTungu ReporterBy KahawaTungu ReporterOctober 7, 2025No Comments2 Mins Read
    Facebook Twitter WhatsApp Telegram Email
    Share
    Facebook Twitter WhatsApp Telegram Pinterest Email Copy Link

    Two men were arraigned before the Milimani Law Courts for allegedly defrauding a businesswoman of Sh15.36 million in a fake cryptocurrency investment scheme.

    The two, Jackson Apollo Ananda and Alvin Oduya Atieno were accused of obtaining 116,000 USD (Sh15,360,000) from Tuyishime Grace on April 30, 2025, at the Serena Hotel in Nairobi, by falsely claiming they could help her trade on Binance, a cryptocurrency exchange platform.

    The prosecution told the court that the duo, jointly with others not before the court, made the representation knowing it to be false.

    Apart from the charge of obtaining money by false pretences, the two also face a second count of conspiracy to defraud contrary to Section 317 of the Penal Code.

    They allegedly conspired to defraud the complainant on the same date and location by misrepresenting their ability to facilitate crypto trading.

    They appealed before Magistrate Caroline Mugo.

    The accused, through their lawyer, pleaded for leniency, saying they are not flight risks and are willing to abide by all bond terms imposed by the court.

    The magistrate ordered that a pre-bail report be prepared before determining their release terms.

    The case will be mentioned on October 9, 2025, for a bail ruling.

    Meanwhile, a Maua court sentenced Alex Mugambi to 10 years in prison for attempted murder, in a ruling that underscores the Director of Public Prosecutions (DPP) commitment to ensuring justice and deterring violent crime.

    Mugambi was found guilty of attempting to murder Joseph Mwamba on 10th of May 10 2023, in Igembe South Sub-County, Meru County, contrary to Section 220(a) of the Penal Code.

    Prosecution, led by Kelvin Gitonga, presented six witnesses whose testimonies convinced the court that the accused unlawfully attempted to cause the victim’s death by attacking him with a panga, inflicting serious injuries to his neck, shoulder, and severing his right wrist.

    Delivering the judgment, Senior Resident Magistrate Ken Muchiri ruled that the prosecution had proved its case beyond reasonable doubt, thereby convicting and sentencing the accused accordingly.

    Email your news TIPS to Editor@Kahawatungu.com — this is our only official communication channel

    Cryptocurrency Tuyishime Grace
    Follow on Facebook Follow on X (Twitter)
    Share. Facebook Twitter WhatsApp LinkedIn Telegram Email
    KahawaTungu Reporter
    • Website

    Email: Editor@Kahawatungu.com

    Related Posts

    Supreme Court stops recovery of Sh1.5 billion in Ruaraka land saga

    August 20, 2026

    Two in Range Rover theft case linked to Dr Mutiso murder freed on bond

    August 20, 2026

    Sharon Otieno family seeks compensation after eight-year court battle in Obado murder trial

    August 18, 2026

    Comments are closed.

    Latest Posts

    I’m Not a Sponsor: Uhuru Kenyatta Hits Back at Ruto Over Opposition Claims

    August 23, 2026

    Three suspects linked to highway robberies arrested in Mtito Andei

    August 23, 2026

    (PICS) Erling Haaland Unveils New Short Hairstyle Ahead of Premier League Opener

    August 23, 2026

    Tabitha Mutinda Reacts After Appointment as WSPU Kenya Chairperson

    August 23, 2026

    18-Year-Old Suspect Arrested Over Murder of 84-Year-Old Woman in Trans Nzoia

    August 23, 2026

    Leading African Institutions, Entrepreneurs and Professionals to Be Honored in Nairobi

    August 23, 2026

    MPs Pledge Support for Expansion of Police Training Facilities Across Kenya

    August 23, 2026

    Technological Gaps, Smuggling and Cross-Border Crime Challenge Operations at Busia Border

    August 23, 2026
    Facebook X (Twitter) Instagram Pinterest
    © 2026 Kahawatungu.com. Designed by Okii.

    Type above and press Enter to search. Press Esc to cancel.