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Home » News » DCI Arrests Second Suspect Over USD 217,900 Gold Scam Money Laundering
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DCI Arrests Second Suspect Over USD 217,900 Gold Scam Money Laundering

Last updated: February 18, 2026 12:26 pm
David Osoro 5 months ago
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The Operation Support Unit (OSU) of the Directorate of Criminal Investigations has arrested a second suspect in connection with the laundering of USD 217,900 believed to be proceeds of a gold scam that targeted an American national.

The suspect, Mohammed Noor Muhyadhin Mohammed, a Nairobi-based businessman and sole proprietor of Mohazcom Trading, was apprehended as detectives intensified investigations into what authorities describe as a coordinated international fraud network.

Link to Earlier Arrest

His arrest follows the earlier arraignment of Willis Onyango Wasonga, alias Marcus, who appeared before the Milimani Law Courts on February 16, 2026.

Wasonga faces charges including conspiracy to defraud and obtaining money by false pretences under the Penal Code, as well as acquisition, possession, and use of proceeds of crime contrary to the Proceeds of Crime and Anti-Money Laundering Act (POCAMLA) No. 9 of 2009.

Suspicious Bank Transfers

Investigations indicate that on February 3, 2026, Mohammed allegedly received a swift transfer of USD 217,900 through his company’s account at the National Bank of Kenya.

The funds had reportedly been debited from accounts belonging to MOAC Advocates, also held at the same bank. Authorities say the money was purported payment for 495 kilograms of gold that was never delivered to the victim.

Detectives further allege that shortly after the funds were credited, Mohammed wired the entire amount overseas to accounts linked to Tecno Mobile Limited at Citibank in Hong Kong, allegedly to facilitate a shipment of mobile phones that has yet to arrive in Kenya.

Forex Bureau Under Scrutiny

Further inquiries have established that Mohammed maintained a long-standing business relationship with a forex bureau located along Standard Street in Nairobi.

Investigators believe the bureau and its proprietor may have played a key role in facilitating cross-border transfers, including the transaction now under scrutiny.

Alleged Cover-Up

Detectives also claim that in an attempt to legitimise the transaction, MOAC Advocates presented a debt settlement agreement allegedly signed by Mohammed and another suspect still at large.

However, investigators have dismissed the document as a smokescreen designed to conceal the alleged fraud scheme.

Mohammed remains in custody pending arraignment, while detectives continue pursuing three additional suspects believed to be part of the wider network.


 

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TAGGED: Citibank Hong Kong, DCI OSU, gold scam Kenya, Kenya financial crime, MOAC Advocates, Mohammed Noor Muhyadhin, money laundering probe, National Bank of Kenya, POCAMLA charges, Tecno Mobile Hong Kong, USD 217900 fraud, Willis Onyango Wasonga
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