Monday, July 14, 2025 - A team of detectives from the Operation Support Unit (OSU) have today arrested Tim Orao Shikalo, a key suspect who has long been on the police radar for his role in a sophisticated gold scam that defrauded a foreign investor of USD 265,200 (approximately KES 38 million).
His arrest marks a significant breakthrough in the ongoing
investigation, following the earlier apprehension of Steve Okoth Odek (alias
David Bett) on 7th December 2024, who was arraigned and charged in
connection with the same fraudulent scheme.
The scam involved fake gold purchase contracts totaling over
1,080 kilograms, with false promises of secure delivery, guaranteed collateral,
and fraudulent legal facilitation.
Investigations have since revealed that the purported gold
was nothing more than a mixture of copper, zinc, and tin, with no trace of any
precious metals.
Shikalo is currently in police custody and undergoing
processing ahead of his arraignment.
Meanwhile, detectives are closing in on two additional
suspects believed to be part of this elaborate criminal syndicate.
According to an X user, the suspect lived a flamboyant
lifestyle while in campus using proceeds of ‘wash wash’.
He was driving a Mercedes Benz GLE Coupe while still a campus
student.
The Kenyan DAILY POST
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