Detectives in Nairobi have arrested a second suspect linked to a sophisticated fake gold and money laundering scheme that saw an American investor lose USD 217,900.
The suspect, Mohammed Noor Muhyadhin Mohammed, was arrested by officers from the Operation Support Unit as investigations widen into a well coordinated fraud network operating in the city.
Authorities say Mohammed is the sole proprietor of Mohazcom Trading, a Kenyan registered business dealing in mobile phones imported mainly from Tecno Mobile Limited in Hong Kong.
His arrest comes just days after the arraignment of Willis Onyango Wasonga alias Marcus at the Milimani Law Courts on February 16, 2026. Wasonga faces several charges including conspiracy to defraud, obtaining money by false pretences and multiple counts related to possession and use of proceeds of crime.
According to investigators, Mohammed received USD 217,900 on February 3, 2026 through his company account at the National Bank of Kenya. The funds were transferred from accounts belonging to MOAC Advocates and were presented as payment for 495 kilograms of gold that was never delivered to the victim.
Detectives say that immediately after the money hit his account, Mohammed transferred the entire amount to accounts linked to Tecno Mobile Limited at Citibank in Hong Kong. The transfer was allegedly meant to facilitate the importation of mobile phones that have never arrived in the country.
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Investigations have further revealed that Mohammed maintained a long standing business relationship with a forex bureau located along Standard Street in Nairobi. The bureau is believed to have been instrumental in facilitating large cross border transfers linked to the suspected laundering operation.
In a bid to legitimise the movement of funds, MOAC Advocates allegedly presented a debt settlement agreement said to have been signed between Mohammed and another suspect who is still at large. Detectives have since dismissed the document as a cover used to mask a fraudulent enterprise.
Mohammed is currently in police custody awaiting arraignment as detectives intensify a manhunt for at least three more suspects believed to be part of the wider network.
Investigators say the case highlights the growing use of fake gold deals and international transfers to launder proceeds of crime, as authorities move to dismantle criminal syndicates targeting foreign investors and exploiting Kenya’s business environment.
