Peter Wangai Goldenscape: Detectives have finally arrested Peter Wangai, the man who conned unsuspecting Kenyans seeking to get rich quickly hundreds of millions of money.
Mr. Wangai is the founder and chief executive officer of Goldenscape Greenhouses. Mr. Wangai was arrested after being on the run for numerous weeks.
“Mr Wangai, through his company, lured investors to invest in greenhouses that were to be set up in Ol Kalou, Nyahururu and other places which turned out to be a fraudulent investment deal,” the Directorate of Criminal Investigations (DCI) said. “He will be charged with the offence of obtaining money by false pretences, conspiracy to defraud, false representation, issuing bad cheques, among other charges.”
Early this month, it emerged that thousands of Kenyans who invested with greenhouse firm Goldenscape may have lost their investments worth millions of shillings. This emerged as reports started circulating online that the firm which promised hundreds of thousands of returns to investors had once again failed to pay up.
Apparently, the firm has not been paying its investors any cash since November last year. It’s offices along Kimathi Street and at Karen have remained shut down, with the whereabouts of its directors unknown. On February 27, the firm released a statement saying that it would pay up by February 29.
The firm was promising investors Sh. 550,000 annual returns for a Sh. 320,000 investment. Peter Wangai Goldenscape.