Wednesday, August 10, 2022

Two Kenyatta University students arrested over Bitcoin theft

Detectives have arrested two students of Kenyatta University during a raid involving Bitcoin theft in the country.

The two students namely Francis Maina Wambui Alias Nick, 26, and Zellic Alusa, 25 are reported to have opened fake email accounts which they use to steal money from foreigners before converting it into bitcoins and eventually Kenyan currency.

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“A notorious gang that has been hacking people’s credit cards before using them to purchase bitcoins and convert them to Kenyan currency, have been arrested in Nakuru city.

The gang operating from houses in the affluent Milimani neighborhood has been on our radar over the past few days and it was only a matter of time before our detectives smoked them out.

Francis Maina Wambui Alias Nick, 26, and Zellic Alusa, 25, both students at Kenyatta university were arrested during the raid in the company of two young ladies, at an apartment in Nakuru’s posh Milimani neighborhood.

In the sophisticated crime that is gaining currency in the country, the students create fake email accounts which they use to hack credit cards of innocent persons especially those living in foreign countries and use them to buy bitcoins that are then converted to Kenyan currency.” Said DCI

The thugs would then use the money to live lavishly and buy properties as confirmed by the police who found a land lease agreement of a land in Juja worth Ksh 850,000. Five laptops and four mobile phones are among the items recovered during the raid.

“They then use the money to live lavishly, entertain young women and buy properties. Among the documents recovered in the house was a land sale agreement entered on May, 25, for a property valued at Sh 850,000 in Juja.

Among the items recovered during the raid were five laptops, four mobile phones, two wifi gadgets, three hard drives and assorted SIM cards. Cyber forensic experts have since taken over investigations into the matter for a comprehensive analysis into the sophisticated crime.” Said DCI

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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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