Kenyan Tycoon Jared Otieno Charged with Conning Businessman of Sh300 Million in Fake Gold Scam
Flashy Kenyan businessman Jared Otieno has been arraigned in court in connection with the fake gold scam.
Appearing before Nairobi Chief Magistrate Francis Andayi, the tycoon has been charged with conspiracy to defraud, obtaining money by false pretenses and preparing to commit a felony.
Otieno is accused of fraudulently obtaining Sh300 million from a Laos company director by pretending he could sell him gold.
He is alleged to have obtained $3 million from Sounthorn Chanthavong, a director of Simoung Group, between February 8th and February 25th at Kaputei Gardens in Nairobi.
Otieno has been charged alongside 15 other suspects who were arrested with fake gold last week.
They have all pleaded not guilty to the charges.
The accused persons will remain in police custody until Monday next week when a pre-bail report will be available.
Otieno was arrested at his palatial residence in Karen by detectives from the Directorate of Criminal Investigations (DCI) on May 17th. Detectives also seized two of his brand new luxury vehicles –a Porsche and Bentley.
Comments
Kenya is a hotbed for crime…
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Kenya is a hotbed for crime and corruption! Uhuruto should be ashamed of themselves for failing to lead and govern. Tano tena has become terror tena!
You have the audacity to…
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You have the audacity to classify and categorize this chronic thief as, "Flashy Kenyan businessman?". Which business has he conducted? Uwizi and i pray his new home is now Kamiti Prisons.
Brilliant rebuke.👍
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In reply to You have the audacity to… by XG (not verified)
Brilliant rebuke.👍
Arrest Senator Moses…
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Arrest Senator Moses Watengula too. He is an operative of Nigerian 419 scammers. I have been complaining about that man for a long time. The evidence is out now
I don't know why these young…
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I don't know why these young Kenyans, with tonnes of money whose origin is unknown, are now being referred to as 'Tycoons'. People don't hide the source of legitimate wealth. As this case implies, they could just be thieves, whose victims we don't know.
Exactly; EXACTLY!
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In reply to I don't know why these young… by Settled Nomad (not verified)
Exactly; EXACTLY!
If the prosecution proves…
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If the prosecution proves that a criminal like this one is guilty, they should slap 6 more years in addition to the punishment meted out .The six is for lying that they were not guitly.This may force these crooks to plea Nolo Contendre...
Iam tired of crooks starting with"Iam not guitly,or I have done nothing wrong" When there is ample evidence of their guilty.My two cents.
@Maxiley, last I checked…
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In reply to If the prosecution proves… by maxiley (not verified)
@Maxiley, last I checked even high level persons in the judiciary are involved in this scam. They are all partners in crime.
If the prosecution proves…
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If the prosecution proves that a criminal like this one is guilty, they should slap 6 more years in addition to the punishment meted out .The six is for lying that they were not guitly.This may force these crooks to plea Nolo Contendre...
Iam tired of crooks starting with"Iam not guitly,or I have done nothing wrong" When there is ample evidence of their guilty.My two cents.
If the prosecution proves…
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If the prosecution proves that a criminal like this one is guilty, they should slap 6 more years in addition to the punishment meted out .The six is for lying that they were not guitly.This may force these crooks to plea Nolo Contendre at the very least...
Iam tired of crooks starting with"Iam not guitly,or I have done nothing wrong" When there is ample evidence of their guilty.My two cents.
Kabla Tapeli WETANGULA…
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Kabla Tapeli WETANGULA hajashikwa na kupelekwa mahakamani, Tapeli mkuu wa matapeli wote nchini, WAFULA CHEBUKATI ndiye anayestahili kushikwa na kupelekwa mahakamani kwanza. Kwa nini? Tapeli CHEBUKATI ndiye aliyewaruhusu watu wasiofaa kugombea kiti chochote cha uongozi nchini kufuatana na Sura ya 6 ya katiba yetu mpya kugombea na kuchaguliwa ili waendeleze utapeli wao kama WETANGULA na mafisi (hyenas) wengine wanavyofanya sasa.
Poor Kendi. (His wife and…
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Poor Kendi. (His wife and child) ama pia yeye alijua bwana yake ni mgondi? (Mwizi) Yawezekana! Mara mingi sana huwa tuna washtaki na kuwahukumu wanaume but pia wanawake wao need to be held responsible. Ukikula mali ya mwizi, wewe pia ni mwizi! Ukilala na mwizi, wewe pia ni mwizi tu! Man! Afadhali ule ugali na sukuma wiki kila siku kwa jasho lako la haki, mali ya wizi haina faida! Na these guy used to be so close na Ruto Arap Samoei! Ruto ndio Jambazi number ONE Kenya nzima.
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