DCI Arrests Suspect in Ksh4.95 Million Forex and Crypto Fraud

Kenya’s Directorate of Criminal Investigations (DCI) arrested a suspect accused of defrauding a man of Ksh4.95 million by promising to invest the money in forex and cryptocurrency trading. The complainant allegedly sent several payments between April 30 and July 2, 2025. After prosecutors reviewed the case file, a court issued an arrest warrant; the suspect is in custody and is expected to appear at Milimani Law Courts on charges including cheating and operating an unlicensed collective investment scheme. The DCI urged the public to verify investment offers and be wary of promises of high returns.