DNK International By Our Reporter,Nairobi.
Detectives from the Operation Support Unit have arrested a second suspect in a sophisticated money laundering scheme linked to a gold scam that cost an American national USD 217,900.
The suspect, Mohammed Noor Muhyadhin Mohammed, is accused of laundering proceeds from a fraudulent gold deal that promised 495 kilograms of gold but delivered nothing.
Investigators say Mohammed, the sole proprietor of Mohazcom Trading, used his company’s accounts to channel the illicit funds through Kenya and out of the country within hours.
According to investigators, on February 3, 2026, Mohammed received the full USD 217,900 into Mohazcom Trading’s account at the National Bank of Kenya.
The money originated from accounts held by MOAC Advocates at the same bank, purportedly as payment for gold that was never supplied to the victim.
Almost immediately after the funds were credited, Mohammed is said to have wired the entire amount to overseas accounts held by Tecno Mobile Limited at Citibank in Hong Kong.
The transfer was allegedly justified as payment for a shipment of mobile phones that investigators say has never arrived in Kenya.
Mohammed’s arrest follows that of Willis Onyango Wasonga, also known as Marcus, who was arraigned at the Milimani Law Courts on February 16, 2026.
Wasonga faces multiple charges, including conspiracy to defraud, obtaining money by false pretences, and several counts related to the acquisition, possession, and use of proceeds of crime under the Proceeds of Crime and Anti-Money Laundering Act (POCAMLA).
Further inquiries have revealed that Mohammed has maintained a business relationship for more than a decade with a forex bureau located along Standard Street in Nairobi.
Detectives believe the bureau, working closely with its proprietor, played a critical role in facilitating large cross-border transfers, including the transaction now under scrutiny.
In what investigators describe as an attempt to sanitise the suspicious transfer, MOAC Advocates presented a debt settlement agreement allegedly signed by Mohammed and another suspect who remains at large.
Detectives, however, say the document was a smokescreen designed to conceal a fraudulent operation.
Mohammed remains in custody pending arraignment as detectives pursue three additional suspects still on the run.
Authorities say the case highlights the resolve of the Directorate of Criminal Investigations to crack down on gold scams and money laundering networks that exploit investors and undermine Kenya’s financial integrity.
DNK-International
[DNK-International@February 18,2026]
