Two suspects arrested with Ksh.750 million fake money in Nairobi

Two Kenyans were Tuesday evening arrested with fake money amounting to approximately Ksh.750 million at an apartment in Nairobi’s Kilimani area.

The two suspects; Samuel Maina and Boniface Mungai, were caught with the money in US dollars, Euros and Kenyan currency notes packed in metal boxes.

According to police, the assortment of fake money included US Dollars of 100 bills amounting to $6,820,000, fake Euros of 100 bills totaling to 490,000 Euros and fake 1000 Kenya shillings notes amounting to Ksh.6.4 million.

Also recovered from the house was chemicals and fake badges bearing names of UN, Della Rue, National Treasury and several safes.

Detectives believe the suspects are part of a fake money syndicate targeting to con unsuspecting customers including banks.

Investigations into the incident are ongoing.