DCI detectives nab Goldenscape billionaire accused of conning clueless Kenyans millions of shillings in fake greenhouse deals
Detectives from the Directorate of Criminal Investigations (DCI) have arrested the CEO of Goldenscape Group which is said to have conned millions from unsuspecting Kenyans.
Peter Wangai Muriithi is accused of swindling millions from Kenyans through his company which promised to help the said Kenyans invest in greenhouses.
The non-existent greenhouses were allegedly in Ol Kalou and Nyahururu, and the investors were not required to see them.
“Serious Crime Unit detectives have today arrested Peter Wangai Muriithi, founder, chairman and CEO Goldenscape Group Limited. Mr Wangai through his company lured investors to invest in greenhouses that were to be set up in Ol Kalou, Nyahururu and other places which turned out to be a fraudulent investment deal. He will be charged with the offence of obtaining money by false pretenses, conspiracy to defraud, false representation, issuing bad cheques among other charges,” DCI said.
Hundreds of Kenyans fell for the trap where they were required to invest at least KSh 380,000 per a greenhouse, with an annual return of KSh 550,000.
Most of them received the KSh 550,000 in their accounts in their firts years, prompting them to invest in more greenhouses with the returns.
However, they started receiving fake cheques which bounced, even as Greenscape started playing games with their money.
The jilted investors raised alarm and recorded statements with the DCI even as Muriithi went under.