How Kiambu businessman lost Sh1.5m entire life savings chasing Sh500K deal

The DCI says the con game had all the makings of a blockbuster movie leaving the businessman without his life savings after investing in a Sh500,000 deal.

Allan Kiptoo who was arrested for conning a Kiambu-based businessman

Police have arrested and arrained in court two suspects believed to be part of a syndicate that conned Kiambu businessman Onderi his entire life savings of Sh1.5 million.

According to a report by the DCI duo was arraigned in court on Thursday, October 28.

The elaborate con saw Onderi enter into a fake supplies deal with a Mr Momanyi who befriended him with the promise of supplying Sh500,000 worth of fish which would make him Sh750,000.

After investing Sh500,000, Onderi further lost Sh1 million trying to chase his Sh750,000 pay.

DCI Statement explains how the con was staged.

On July 23, 2020 a man who introduced himself as Momanyi came to his shop bought a soft drink and snacks which he took as they exchanged pleasantries.

He came back a number of times on different days and the complainant developed a rapport with Momanyi who introduced himself as a fish pond manager working for foreign fish companies in Kenya. He also told Onderi that he supplies fish food and related materials, after which they exchanged contacts.

After a few days, Onderi received a call from Momanyi who told him that he had rushed home in Kisii and he needed someone who would assist him in supplying fish food to his contacts. He told him that he would introduce him to the supplierwho sells one tin of the product at Sh2,000 then he would deliver the same to the foreigner at Sh3,000 per tin.

Onderi found the deal so mouthwatering to decline and fell for Momanyi’s trap hook,line, and sinker. He was asked to first deliver 100 tins.

After meeting the supplier identified as Lucky Kiplagat and buying the product, he called the foreigner to deliver the same. The foreigner asked him to instead add an additional 150 tins, and deliver a total of 250 tins. contacts.

Onderi pleaded with him to first accept and pay for the 100 tins that he had then he would supply the rest but the foreigner curtly told him that if he was not in a position to supply 250 tins, then they had no deal.

The complainant halfheartedly bought and supplied the demanded number of tins.

From this point he was taken on a wild goose chase with all manner of excuses being given on why his payments had delayed including that the foreigner needed to convert his dollars into Kenya shillings, but the exchange rate was not favourable at the time.

Days later, he was asked to submit his Kenya Revenue Authority (KRA) PIN and a copy of his identification card for his money to be processed.

Happy that his woes had come to an end, he hurriedly submitted the documents only to be told that he was not a registered fish food supplier, and that he needed to pay Sh45,000 to become one.

He was further told that KRA had sent them an alert to the effect that he had not filed returns for the past 10 years. He was therefore slapped with a Sh4,500 fine.

Onderi was introduced to a Mr Chandaria, said to be one of the top managers of the company, who would solve his payment problems with the stroke of a pen. How the said Chandaria defrauded him a further Sh642,000, Onderi could not explain.

All he remembers is honouring all the requests for money made by Chandaria. His attempts to report Chandaria to police were met with warnings from his earlier contacts who told him that Chandaria was an untouchable big man ‘bazu’ who would ensure his life in Kiambu is miserable and send him back to the village in Bosongo.

In a report that had all the makings of a blockbuster movie, Onderi coughed more cash in the hope of recovering the money he had spent, until he had nothing more to give.

He was even introduced to a Shylock identified as Marriana Wairimu, believed to be part of the syndicate. Wairimu asked him to pay Sh22,000 for her to advance him a Sh100,000 loan but after he sent her the money, she never returned his calls.

Intensive investigations into the racket revealed that the suspects were using different names and phone numbers to conceal their true identity, and that one suspect would pose as two or three different people.

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