Titus Ndocha Nyakundi in Court
A Kisii County man has been arraigned in court for allegedly defrauding a businesswoman of more than Sh10 million in a fake green tea transaction.
Thank you for reading this post, don't forget to subscribe!Titus Ndocha Nyakundi is accused of obtaining Sh10,297,469 from Anastacia Wanja Thinguri by falsely claiming he would purchase green tea on her behalf, a promise prosecutors say he knew was untrue.
Nyakundi is also charged with the acquisition and possession of proceeds of crime after allegedly receiving the said money into his Mpesa account while at the time knew or had reason to believe that the said sum formed part of or was proceeds of crime.
In addition, the Kisii county resident faces a charge of using the proceeds of crime by transacting the said money.
It is alleged that he committed the offenses on diverse dates between 1st September 2022 and 31st October 2024 at an unknown place in Kenya, with the intent to defraud.
Nyakundi denied the charges before Senior Principal Magistrate Dolphina Alego.
He was granted a bond of Sh 5 million with an alternative cash bail of Sh 3 million. He was also ordered to deposit his passport with the court as part of the bail conditions..
