Detectives have identified the key suspect in the fake Sh2 billion found in a safe box at Barclays bank Queensway branch.
Police on Tuesday were tipped about the consignment and stormed the bank and arrested several suspects which are said to belong to a syndicate of cons.
According to police sources, the owner of the safe box where the money was kept is a man identified as Mzungu wa Ngara(a white man who stays in Ngara).
He is said to have been involved in fraud in Uganda before he relocated to Kenya.
The money was being used to lure investors into the suspect’s con game.
Apparently, potential investors would be taken to the bank by the suspects and shown the ‘cash’ which investors were planning to start massive investments with.
Believing in their make-up stories, the targets would then be asked to be part of the investors.
“One victim was about to be conned Sh10 million,” a police source said.
DCI boss George Kinoti said they learnt that the money had been kept in the bank since 2017.
“We will talk to all involved to know how this was possible. It shows many people were involved, which is unfortunate,” Kinoti said.