Nashon Otieno Akutha - Kenya Serial Gold Scammer

Reported: 13 Apr 2024 12 views Verified

Scammer Details

Name: Nashon Otieno Akutha
Alias: Nashon Otieno Angudha
Nationality: Kenyan
Country: Kenya
City: Nairobi

Scam Details

Amount Lost: 250,000.00 USD
Method of Operation:
Lured victims into purchase and export deal of 100kg gold to Dubai. Provided fake gold bars as collateral that contained no gold element. Charged with conspiracy to commit felony and obtaining money by false pretenses.

Full Report

Gold Scammer from Nairobi Kenya. NAME: Nashon Otieno Akutha. SERIAL GOLD SCAMMER BACK IN LOCK-UP DAYS AFTER RELEASE ON BOND. Nashon Otieno Angudha, a key suspect in a series of frauds affecting local and foreign gold merchants has today been arraigned at Milimani Law Courts, after he was arrested Tuesday evening for obtaining Sh35 million from a businessman in a fake gold scam. In the fraudulent scheme orchestrated on diverse dates between July 13 and October 18, 2023, the 28-year-old is accused of swindling the victim out of the millions by luring him to a purchase and export deal of 100kg of gold to Dubai, the amount being fees for transportation and insurance. After parting with the money which was paid in US dollars ($250,000), nine gold bars given to the victim as collateral were subjected to a test at the Ministry of Mining, but none of them exhibited even a trace of gold element. Nashon was charged with conspiracy to commit a felony and obtaining money by false pretenses.