How a Meru Man Conned a Retired TSC Teacher Ksh 7 Million

The Directorate of Criminal Investigations has arrested a man suspected of swindling a retired Teachers Service Commission employee out of Ksh 7.5 million in a fraudulent gold investment deal.

The Directorate of Criminal Investigations officers based in DCI Imenti North apprehended Dennis Kinoti, 37, on Saturday after weeks of investigations prompted by intelligence leads.

Police say Kinoti approached the 61-year-old complainant between February and April 2026 and enticed him with lucrative returns on investment.

Through a series of M-Pesa and bank transactions, the complainant parted ways with Ksh 7,595,309 after he was convinced that he was making a high-yield investment in a “gold deal”.

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DCI Arrests a Suspect in a Fraudulent Scheme

DCI reported that the scheme was intricate, exploiting the trust and knowledge of the victim’s retired status as a former civil servant.

“Detectives smoked out the prime suspect, Dennis Kinoti from his hideout in Gakurine area of Meru County and subsequently arrested him,” the DCI stated.

A search was conducted in Kinoti’s compound, leading to the recovery of several Safaricom SIM cards suspected to have been used in coordinating the criminal activity.

Authorities also confiscated a gray Volkswagen Passat, which they suspect was purchased with proceeds of the alleged crime.

Kinoti is currently held in police custody while processing is being completed before he is arraigned.

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Fraudulent Gold Investment Schemes Targeting Kenyans

The directorate noted that there is an increasing trend of fraudsters who are preying on gullible Kenyans using fake investment schemes, of which ‘gold investments’ are among them.

DCI urged the public not to fall for enticing schemes promising fast returns, as it could be a setup by con artists.

“The Directorate of Criminal Investigations warns members of the public against falling for flashy ‘gold investment’ deals promising quick riches,” the DCI cautioned.

Members of the public with information that can assist in the investigation are encouraged to report it through toll-free line 0800 722 203 or WhatsApp 0709 570 000. 

The suspect is being held to face charges of obtaining money by false pretense.

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Dennis Kinoti, arrested by DCI Imenti North on 22/05/2026 for obtaining money by false pretence in a Ksh 7.5M fake gold scam targeting a retired teacher in Meru. / PHOTO DCI X