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The Central Bank of Kenya has issued a caution on trading with unregistered foreign exchange dealers. The warning has come amid the proliferation of outfits that are aggressively marketing themselves as genuine forex traders and drawing thousands of Kenyans into giving them money to invest.
An investigation that Sunday Standard carried out in May revealed that some of these dealers have no licences to show and instead cite their association with shadowy international firms to dupe their clients.
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