Gold Scammer and flamboyant Jared Otieno has been arrested in the on going fake gold probe.
According to reports, Otieno who is one of the main suspect in the fake gold scandal that has shook the nation was arrested by police in Karen, Nairobi, DCI boss Kinoti says.
DCI George Kinoti confirmed that police cornered him late in the evening (Wednesday) as he was evading the raid by the detectives at his palatial home.
“The fugitive Jared Otieno has been arrested,” Kinoti told Capital FM News on Thursday morning, “we raided his newly bought palatial house in Karen where two brand new vehicles, a Bentley and a Porsche were recovered.”
“He is part of a wider gang and we are still pursuing others. These people are harmful to the economy since they are selling what does not exist,” he said.
“They have wreaked havoc on many people. This is a criminal enterprise and we are determined to dismantle it.”
Kinoti also confirmed that the detectives towed away luxurious cars and took away documents they believe will aid with investigations.
15 suspects were arraigned in court on Tuesday, with police now allowed a week to conclude investigations against them before they can face formal charges.
Some of them were arrested when police raided another palatial house in Kileleshwa where Gold boxes and 8 vehicles were recovered.
It is understood that the investigation was launched following numerous complaints from those conned–including United Arab Emirates leader Sheikh Al Maktoum.
It is not the first time Otieno has been linked to a fake gold scam.
On June 20, 2017, police arrested the businessman over claims he swindled foreigners in a gold export deal.
Senior principal magistrate Martha Mutuku allowed the request by police to detain him for seven more days to allow for completion of investigations.
The flashy businessman had been arrested for obtaining money by pretending to be in a position to export gold from Kenya to foreign countries.
In a statement on Friday, DCI boss George Kinoti has urged foreign Embassies and High Commissions to alert their nationals coming to Kenya for gold business.
Kinoti says unsuspecting foreign nationals have lost millions of shillings to gold scammers in the recent weeks.
Three other politicians are being probed by the Directorate of Criminal Investigations including a first time MP from Trans Nzoia county and a flamboyant businessman who unsuccessfully contested a parliamentary seat in Kisii region.
Following the recent developments Kisii politician Zaheer Jhanda has been profiled as person of interest in the recent gold fraud.
Kakamega Senator Moses Wetangula has also been linked to the scam but he denied the accusations.
Wetangula’s aide Chris Mandu who spoke to a local news paper accused the senator’s political nemesis for spreading the propaganda.
Mandu stated that the gold scam was a business deal gone sour.
He further stated that the lie was being peddled by the Senator’s business partners who also lost money in the transaction.