Fake gold scam claiming growing number of victims, many of them foreign businessmen - News Summed Up

Fake gold scam claiming growing number of victims, many of them foreign businessmen


A British businessman’s determined push to nail Chief Registrar of the Judiciary Anne Amadi in a Sh102 million gold scandal is the latest case in the underworld racket of gold scammers. From politicians, executive businessmen, lawyers, celebrities and now in the doorsteps of the Judiciary, the fake gold racket is so vicious and has entangled the big names who lure unsuspecting foreigners into dishing millions of shillings for ‘hot air’ disguised as gold bars and pellets. The Chief Registrar said she resigned from her law firm in 2014 after being appointed to the Judiciary and left its management to her son and two partners who transacted the alleged gold money. “Brinke has demonstrated that he was conned the money by people who promised to deliver him gold which turned out to be fake. ProsecutionsAs some of the victims battle at the High Court to recover their money lost through the fake gold racket, several businessmen are facing prosecution for obtaining millions of shillings through false pretence to deliver gold.


Source: Standard Digital September 08, 2023 14:33 UTC



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