A man accused of a Sh172 million gold fraud was arrested at Jomo Kenyatta International Airport. Maheshbhai Rameshbhai Bhadra, an Indian national, was picked up moments after landing from Dubai. Detectives announced the arrest on Friday, November 13, 2026.
The case began with a complaint from an investor. He says he lost USD 1,325,970, about Ksh172.3 million, through a Hawala money transfer. Agents in Dubai and Kenya were allegedly involved in moving the funds.
Police say the scheme promised 210 kilograms of gold. The investor paid for the metal, but the gold never arrived. The deal fell apart before any delivery took place.
Bhadra was arrested under a stop order from the Milimani Law Courts. He is now in custody while detectives prepare his case. He is expected to face court soon.
Detectives are also still piecing together a related Coast scam. Nelson Okota Odhiambo was held in Bamburi last week. He is accused of taking Ksh130,000 from a woman promised an Airbnb stay in Nyali. Investigators believe other holidaymakers may have been defrauded too.
About The Author
