Nairobi, Kenya – In a shocking revelation, the Directorate of Criminal Investigations (DCI) has sounded the alarm on a nefarious pyramid scheme that has defrauded thousands of unsuspecting investors in a series of tweets. The scheme, operating under the guise of NMK Capital Investment Limited, has left a trail of devastation, with victims now crying foul and demanding justice.
The Pyramid Scheme Unveiled
NMK Capital Investment Limited, believed to have been registered in the country in 2021, has come under intense scrutiny. The company, located in Nairobi’s Corner House, is at the center of a massive fraud investigation. The DCI has identified seven directors behind the operation, with one name standing out – Ngugi Mucheru Keeru (NMK), who also serves as the sole director and signatory of a sister company known as Bidsworth Autorents Capital Limited, located at Norwich Union House.
A Web of Deceit
The modus operandi of NMK Capital Investment Limited was nothing short of cunning. More than 5,000 investors were lured into a six-month investment contract with a minimum investment of Ksh 50,000. Promised monthly returns of 15% or compounded interest redeemable at the contract’s end, many individuals saw this as an opportunity to grow their savings. Little did they know what lay ahead.
A Multifaceted Scam
NMK Capital Investment Limited didn’t stop at exploiting investors through pyramid schemes. The company ventured into car hire services, leasing vehicles from unsuspecting members of the public and then renting them out to individuals and agencies. Allegedly, car owners were promised 30% of the rental proceeds. Additionally, the company dabbled in off-plan properties, adding further layers of complexity to their fraudulent activities.
Victims Left in Ruin
The fallout within the company’s leadership has left investors in disarray. Many claim to have lost substantial sums of money from their investments and payments made for off-plan houses. Some vehicle owners who leased their cars to the company are now reporting that they have no idea where their vehicles are.
DCI Launches Investigation
In response to the growing outcry from victims, the DCI’s Serious Crime Unit has launched an active investigation into NMK Capital Investment Limited and Bidsworth Autorents Capital Limited. The authorities are leaving no stone unturned to bring those responsible for this financial scam to justice.
A Warning to the Public
The DCI has issued a stern warning to the public, urging Kenyans to exercise caution and due diligence before engaging in any investment ventures. This caution comes as a reminder that not all that glitters is gold and that there are individuals and companies out there whose pursuit of wealth is rooted in deception and fraud.
As investigations continue, the victims of NMK Capital Investment Limited hope for justice, and the public at large is reminded to stay vigilant against pyramid schemes and fraudulent investment opportunities. In a world where financial scams continue to proliferate, it is essential to be informed and cautious to protect one’s hard-earned money. Stay tuned to Smartie News for further updates on this developing story.