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Home»Cryptocurrency»Nairobi: 2 Men Charged with Defrauding Businesswoman KSh 15m in Fake Cryptocurrency Deal
Cryptocurrency

Nairobi: 2 Men Charged with Defrauding Businesswoman KSh 15m in Fake Cryptocurrency Deal

October 8, 20252 Mins Read


Amos Khaemba, a journalist at TUKO.co.ke, brings over three years of experience covering politics and current affairs in Kenya.

Nairobi – Two businessmen have been charged with allegedly obtaining KSh 15.36 million from a businesswoman by false pretence.

The two businessmen at Milimani Law Courts
Nairobi: 2 Men Charged with Defrauding Businesswoman KSh 15m in Fake Cryptocurrency Deal
Source: Facebook

Jackson Apollo Ananda and Alvin Oduya Atieno are accused of defrauding businesswoman Tuyishime Grace of 116,000 USDT (KSh 15.36 million).

On Wednesday, October 7, the two were arraigned before Milimani Law, where prosecutors accused them of obtaining money by false pretences in a cryptocurrency scheme.

According to the charge sheet seen by TUKO.co.ke, the alleged offence took place on April 30, 2025, at Serena Hotel in Nairobi.

“Jackson Apollo Ananda and Alvin Oduya Atieno: On April 30 at Serena Hotel, within Nairobi county, jointly with others before court and with other nor before court with intent to defraud, obtained from Tuyishime Grace a sum of 116,00 USDT equivalent KSh 15,360,000 by falsely pretending that you were in a position to assist her trade in Binance, a fact you knew to be false,” charge sheet read.

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Ananda and Oduya, together with others not before the court, reportedly misrepresented their ability to help her trade on Binance.

In addition to that charge, they are also facing a separate count of conspiracy to defraud contrary to Section 317 of the Penal Code.

The prosecution told Magistrate Caroline Mugo that the suspects conspired with others at the same venue and date to trick the complainant with false claims of facilitating Binance transactions.

The defendant’s lawyer requested leniency, arguing that they weren’t a flight risk and would adhere to all bond conditions.

The magistrate ordered a pre-bail report before deciding on bail. The court will rule on bail on October 9, 2025.

More to follow…

Source: TUKO.co.ke





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