Police in Nyahururu have arrested five suspects in connection with minting and distribution of fake currencies in the town.
Nyandarua North acting OCPD Jacob Kanake said the suspects were found in possession of fake Sh50,000 in notes of one thousand shillings denominations which they intended to distribute in the town and its environs. The notes had similar serial numbers.
He said the suspects were targeting unsuspecting M-Pesa agents to deposit the "cash" and later withdraw to get the genuine currencies. Kanake said the suspects among them four women and a man had just deposited the counterfeit notes at an M-Pesa outlet and fled hurriedly raising suspicion on their movement.
Police gave chase and managed to arrest them near Subukia area on the Nyahururu-Nakuru road as they tried to escape police dragnet. Police in Subukia laid an ambush and managed to apprehend the suspects who are now being locked up at Nyahururu police station as investigations launched to un-ravel the money laundering racket.
The acting OCPD has since cautioned business people to be wary of such people and report any suspicious persons to the authorities for immediate action. ENDS