List of Tricks Scammers Use to Steal Your Money, how to Prevent Them

• Numerous incidents of fraud targeting bank and mobile money accounts have been reported in Kenya in recent years
• Cybercrime expert Allan Lwala explained that there were a lot of scams targeting unsuspecting Kenyans, including SIM swap, callback fraud and crypto scam
• In some instances, criminals collude with rogue bank employees with access to crucial customer data and information

Numerous incidents of fraud targeting bank and mobile money accounts have been reported in Kenya in recent years.

In November 2021, for instance, Directorate of Criminal Investigations (DCI) sleuths arrested a suspected mastermind behind the disappearance of over KSh 45 million from bank accounts belonging to unsuspecting Kenyans.

Nelson Kipkemoi was nabbed in his hideout in Mulot, Bomet county, on Saturday, November 5, 2021.

Mobile banking fraud

His arrest came after he was linked to an underground web of fraudsters that have been siphoning money from bank accounts belonging to innocent Kenyans.

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