Missing Billionaire Arrested Over Fraud Accusations

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I Was on Life Support Machine - Raphael Tuju Opens Up on Accident [VIDEO]

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  • The Directorate of Criminal Investigations (DCI) has arrested Peter Wangai Muriithi, Founder, Chairman and CEO of Goldenscape Group Limited, who had gone into hiding since being exposed on Citizen TV on March 6.

    In a statement released on their social media platforms on Thursday, March 26, the sleuths announced that Wangai had been arrested following accusations of defrauding people of billions through his investment company.

    “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,” the statement read in part.

    He will be charged with more than five charges which have been levelled against him by his victims who have written statements at the DCI headquarters.

    “He will be charged with the offense of obtaining money by false pretenses, conspiracy to defraud, false representation, issuing bad cheques among other charges,” the statement concludes.

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