23 C
Kenya
Monday, May 25, 2020

Man who conned Kenyans hundreds of millions of money finally arrested

Must Read

Co-op Bank restructures Sh. 15 billion loans, repayment periods, interest

Co-op Bank Loan Moratorium: The Co-operative Bank has restructured loans worth Sh. 15 billion in a bid to help...

This is how you can use loans to create your wealth

Making Money with Loans: Many people do not understand how a loan works or how they can make the...

How my struggles with weight led to a health business

Roseanne Kamau is the founder and managing director of Treasure Fitness, a weight loss and health business and lifestyle...

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.”

This is Health Cabinet Secretary Mutahi Kagwe’s net worth

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.

- Advertisement -

1 COMMENT

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

159,551FansLike
10,907FollowersFollow
105FollowersFollow
242SubscribersSubscribe
WhatsApp
Telegram

Latest News

Co-op Bank restructures Sh. 15 billion loans, repayment periods, interest

Co-op Bank Loan Moratorium: The Co-operative Bank has restructured loans worth Sh. 15 billion in a bid to help...

This is how you can use loans to create your wealth

Making Money with Loans: Many people do not understand how a loan works or how they can make the best out of it. This...

How my struggles with weight led to a health business

Roseanne Kamau is the founder and managing director of Treasure Fitness, a weight loss and health business and lifestyle service firm. She is in...

Kameme Tv to shut down, K24 to stream news from KTN News

Emerging reports say that the Kenyatta Family's MediaMax is set to shut down its vernacular television station Kameme Tv. The media house is also set...

How you can grow your money with just Sh. 5,000 only!

Kenyan Money: Very often people underestimate the power of money that is within their grasp, argues Waceke Nduati Omanga in this feature that was...

More Articles Like This

- Advertisement -