The alleged mastermind in connection with the disappearance of over Ksh 45 million from bank accounts has been arrested by detectives drawn from the Directorate of Criminal Investigations (DCI)
The suspect identified as Nelson Kipkemoi, 22, is accused of targeting unsuspecting customers using mobile banking platforms.
He is reported to have fraudulently acquired money from accounts belonging to 481 customers from renowned banks in Kenya.
In a statement on social media, Kipkemoi was arrested today from his hideout in Mulot, Narok county.
"Kipkemoi was linked to an underground web of fraudsters that have been siphoning money from bank accounts belonging to innocent Kenyans," part of the DCI statement read.
He is set to be arraigned at Milimani law courts on Monday, November 8.