Accusations of Fraud Involving Daniel Mbugua Njogu

Daniel Mbugua Njogu, the alleged fraudster, has been charged with obtaining Ksh 400,000 from Veronicah Gacheri Mbwira through deceptive means. The fraudulent activities took place between April 2022 and May 2022.

Njogu falsely represented himself as capable of incorporating Gacheri Mbwira into the Forex trading business. The charges against Njogu stem from the alleged misrepresentation and subsequent financial gain obtained through deceitful actions.

Appearing before Senior Principal Magistrate Robinson Ondieki, the accused person denied the charges. The Prosecution objected to the release of the accused person on bail saying he is a flight risk.

Daniel Mbugua Njogu

“The accused has been on the run since 2022, the effort by police to trace the accused became futile since he used to change lines frequently…the accused person is a flight risk. We object to the release of the accused person on bail pending the hearing and determination of the case.” submitted the prosecution.

Detectives from DCI Nairobi Regional Headquarters arrested Daniel Mbugua Njogu, also known as Dan, at his residence in the Kimbo area. Mr. Njogu, aged 30, is accused of defrauding numerous individuals under the guise of forex trading.

His arrest follows an extensive investigation into fraudulent activities that misled and exploited members of the public seeking financial gains through forex investments.

The suspect has been detained until Friday 13 September for bail and bond release ruling.