The book which seeks to warn investors and businessmen has also mentioned more than 40 gold scammers in East Africa but ranked Mr Edwin Ochieng Oduk and Jared Otieno as pillars of Gold Fraud in Kenya, Uganda and Tanzania.
A Photo Collage of Edwin Ochieng Oduk and Jared Otieno; Courtesy Photo
“It’s our conclusion that the information in this book serves as a powerful tool, arming readers against falling into traps of the above-mentioned fraudster,” read its conclusion in parts.
Our investigations show that Edwin Ochieng Oduk was last year arrested on allegations of swindling a French National in an incident where he claimed to be in a position to process the release of USD 89 million (Ksh.12.8 billion) in a fictitious account and transport it for him in cash from Gabon to Ghana then Rwanda, only for him to later claim that Kenyan authorities impounded the cash.
He failed to provide and he has so far been linked to both Women and gold scandals.
Jared Kiasa Otieno on his side is a smart fraudster who has even taken over the prosecution.
Jared Kiasa Otieno, a man who had been charged with Sh 300M Fraud and whom the prosecution has linked to money laundering has been secretly acquitted.
This is after he allegedly bribed the prosecution and the courts to get his freedom. At some points in his case, the complainant wanted to have a private prosecutor in the matter but the ODPP rejected to the extend of linking Otieno to Money Laundering.
” We intend to prosecute this matter until the end and there is no need for the complainant to worry, more so the accused person Jared Otieno Kiasa is also linked to high-level money laundering and once the investigation is done we shall amend the charges,” the ODPP said at a time.
Ironically, that looks like it was a play within a play, he is said to have splashed millions for him to get an acquittal.
According to multiple sources, Otieno continues to use his company to defraud investors off their millions. In previous hearing dates, the complainant in this matter has been complaining on a daily basis through his lawyer in the contacts of the ODPP and the accused person.
Jared Kiasa Otieno
In the case, he had been charged alongside Sixteen people with obtaining Sh300 million from a Laos company director by pretending they could sell him gold.
The court heard that between February 8 and February 25 at Kaputei Gardens in Nairobi, the accused obtained $3 million (about Sh300 million) from Sounthorn Chanthavong, a director of Simoung Group contrary to the law.
A DCI officer in the matter testified in the matter and narrated how Otieno stole the cash.
The court heard that by using tricks and displaying heavy metal boxes packed with genuine gold bars, and as an office trading as Nirone Safe Keeping, Mr Otieno and the others pretended to be carrying out a genuine gold deal.
During his arraignment, the accused person was charged alongside people including Philip Nashon Aroko, Robert Ouko Owiti, Ricky Okoth Ochieng, Peter Omondi, Michael Ochieng and Paul Otieno.
The others are Alice Nzisa, Joyce Akinyi, Julie Kathambi, Seinim Boukar, Abuona Temoua and Albert Lokunda Lokole.
They were jointly charged by that time before Chief Magistrate Francis Andayi where they denied the charges
The court heard that between those dates, Mr Chanthavong, who buys and sells gold, was lured into house No.12 at Kaputei Gardens in Kileleshwa.
It was said that he lost that amount of money as he believed the items he bought were genuine gold.
Three weeks ago, police raided the house allegedly owned by Mr Otieno and arrested 15 people in connection to the fraud.
During the raid, they found items including mobile phones, 28 steel boxes, several sledgehammer heads, seven desktop computers and gold-coated iron bars.