Friday, October 18, 2019
Home News & Updates Suspects in Equity bank Ksh 970k scam released on bail

Suspects in Equity bank Ksh 970k scam released on bail

Three suspects who were arrested for stealing Ksh 970,000 from Equity Bank Account have been released on bail.

The three suspects namely Anthony Kaiba, Kelvin Maina, and Joseph Kariuki were each released on Ksh 400,000 cash bail.

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Also read: Four arrested in connection to illegal SIM card fraud

Last week the three were arrested after siphoning Ksh 970,000 from a 67-year old woman’s account held at Equity bank.

They then transferred the money via the bank’s mobile application Ezzy App in different mobile numbers.

Also read: Equity plans to open supreme branches

Each suspect received about Ksh 300,000 according to the intelligence report released following their arrest.

Investigations are still ongoing as detectives try to unearth similar groups or links making such dubious transactions.

The three denied the charges.

Police arrest Ksh 400K Equity Bank theft suspects

Last week detectives arrested one man in Bomet County for stealing Ksh 400,000 from various Equity Bank accounts.

Also read: Fraudsters arrested with over 40,000 sim cards in Juja

The suspect Peter Cheruiyot was arrested at his home in Bomet following investigations.

Detectives were able to confiscate several phones and ID cards.

Berryl Achieng
Berryl Achieng
Kenyan news interests me a lot but I also keep tabs on other news making headlines in Africa and around the world.

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