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Anatomy of pyramid schemes and painful search for justice

THE STANDARD
By
Amos Kareithi |
February 27th 2021 at 00:00:00 GMT +0300
Kenyans protest after being conned by pyramid schemes.
After waiting for years, the High Court on Thursday dashed the hopes of victims of multi-billion shilling pyramid schemes to recover their money. Today, the Saturday Standard Senior Reporter Amos Kareithi reveals how thousands of gullible investors were lured into the schemes that promised quick, handsome returns but ended in premium tears.
The plan was meticulous. Not a single shot was fired yet bank vaults emptied faster than the masterminds could make the sign of the cross.
At hand to usher them from their high-end cars into banks and tastefully furnished offices were heavily armed police officers. Later they were escorted to savour expensive multi course dinners in five-star hotels. ....

Nairobi Area , Elphas Kimwiywi , Justice Mutua , Amos Kareithi , Philip Nderitu Gichuki , Wanyiri Kihoro , Justice Mumbi Ngugi , Mary Mungai , Johnson Ivuti Ireri , Samuel Kariuki , James Makau , Kennedy Abuga , Francis Nyenze , George Donde , Justice Makau , Jane Musimbi Kimwiywi , Ministry Of Cooperatives Development , Family In Need Organisation Sh , Community Initiative , Kenya Business Community Sacco , Central Bank , Kenya Business Community Sh , Nairobi Securities Exchange , Nairobi Stock Exchange , High Court On , Union Towers ,

Anatomy of pyramid schemes and painful search for justice

Anatomy of pyramid schemes and painful search for justice
standardmedia.co.ke - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from standardmedia.co.ke Daily Mail and Mail on Sunday newspapers.

Nairobi Area , Elphas Kimwiywi , Justice Mutua , Amos Kareithi , Philip Nderitu Gichuki , Wanyiri Kihoro , Justice Mumbi Ngugi , Mary Mungai , Johnson Ivuti Ireri , Samuel Kariuki , James Makau , Kennedy Abuga , Francis Nyenze , George Donde , Justice Makau , Jane Musimbi Kimwiywi , Ministry Of Cooperatives Development , Family In Need Organisation Sh , Community Initiative , Kenya Business Community Sacco , Central Bank , Kenya Business Community Sh , Nairobi Securities Exchange , Nairobi Stock Exchange , High Court On , Union Towers ,

Anatomy of pyramid schemes and painful search for justice

Anatomy of pyramid schemes and painful search for justice
standardmedia.co.ke - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from standardmedia.co.ke Daily Mail and Mail on Sunday newspapers.

Nairobi Area , Elphas Kimwiywi , Justice Mutua , Amos Kareithi , Philip Nderitu Gichuki , Wanyiri Kihoro , Justice Mumbi Ngugi , Mary Mungai , Johnson Ivuti Ireri , Samuel Kariuki , James Makau , Kennedy Abuga , Francis Nyenze , George Donde , Justice Makau , Jane Musimbi Kimwiywi , Ministry Of Cooperatives Development , Family In Need Organisation Sh , Community Initiative , Kenya Business Community Sacco , Central Bank , Kenya Business Community Sh , Nairobi Securities Exchange , Nairobi Stock Exchange , High Court On , Union Towers ,