NAIROBI, Kenya, May 10 – The Directorate of Criminal Investigations (DCI) has launched investigations into upsurge of gold scandals in the country and warned especially foreigners to always contact the Mines and Geology department.
According to DCI boss George Kinoti, “the Gold Scam in the country has reached alarming levels as unsuspecting foreigners are being swindled large amounts of money by the Fraudsters.”
He called on all foreigners to always conduct due diligence on their business partners as they engage in the trade in gold.
“The @DCI_Kenya wishes to inform the general public and the foreign nationals in particular that they MUST ensure that they conduct proper due diligence on the person(s)they intend to engage in the gold buying business,” he stated.
He further urged Embassies and High Commissions to advise their nationals coming in for business to be apprised of conmen in the industry.
“We urge the Embassies/High Commissions to advise their nationals coming in for business to be apprised of #Con business of gold going on in the country & first contact the the Dep’t of Mines & Geology for procedure that pertains to buying &selling of Gold & other Precious metals,” he stated.
He stated that they should also first contact the Geology department to know the procedure in buying and selling of Gold and other Precious metals.