Elvis Ouma Muga
Elvis Ouma Muga is not a billionaire by accident but thanks to his gold fraud tactics. It’s in the public domain that he is among the suspects accused of defrauding a foreigner of 100,000 dollars.
Elvis Ouma Muga is not new to gold fraud, and we can categorically brand him as ‘a dangerous dealer to work with’.
If the Kenyan Directorate of Criminal Investigations is something to go by, Muga, alongside Susan Wanjeri Kori, Nazlin Karim, and Hubbard Kanyago, are notorious gold fraudsters.
According to the court papers presented in court on December 11, 2024, they were jointly charged with multiple counts of conspiracy to defraud contrary to the penal code.
The court heard that they all conspired to defraud a Niger businessman of millions of money, purporting to be customs officials based in Nairobi, Kenya. A fact they knew to be false.
The problem began when the victim, whose company is in Dubai, was defrauded of USD 5,000,000 between February 2024 and December. If the court documents is something to go by.
The accused person allegedly took the said millions from the complainant on the ground that it was meant for the purchase, clearance and transportation of 100 kg of gold to Dubai from Mali.
The DCI reported that the accused persons were arrested from various parts of Nairobi after a serious search by the Kenyan DCI officers.
It’s in the public interest that Muga faced previous charges related to gold fraud and is branded as a ‘notorious gold fraudster’.
After denying the charges at the Milimani courts, Muga and his accomplices were released on Sh 500,000 cash bail each.
The case will proceed next year for a further hearing