Two Italian tycoons charged over land fraud in Kilifi
Crime and Justice
By
Nehemiah Okwembah
| Sep 05, 2026
Two Italians facing a Sh. 32 million fraud case in Kilifi were yesterday re-arrested and charged in a new case of defrauding another investor of Sh20 million.
Daniele Lo Coco and Massimo Nativi appeared before Malindi Principal Magistrate Nancy Makau, where they denied the charges and were released on a Sh4 million bond each with one surety.
The two directors of Tamu Rafiki real Estate Limited allegedly conspired to defraud Matteao Companini and Campanini Anna of Sh19.5 million by falsely pretending that they would sell to them a villa in Kilifi.
According to court papers, Lo Coco and Nativi obatined the said money between March 11, 2024 and July 31, 2024. They offered to sell villa No 7 BD on a percel of land number Kilifi/Jimba/2020.
The documents indicates that after they received the money, they fraudulently sold the same villa to another buyer, Nicholas Morello despite existing sell agreement with Matteo Companini and Companini Anna.
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On the second count, the two Italian nationals were charged that in January 2024 at Malindi Sub County, Kilifi County, jointly with others, not before the court being Directors of Tamu Rafiki Real Estate Limited, they fraudulently sold Villa 7BD, erected on land parcel No. Kilifi/Jimba/2020, being a subdivision of land parcel No. Kilifi/Jimba 1870, to Matteo Campanini and Campanini Anna while knowing that the said property had been fraudulently registered and transferred to Tamu Rafiki Real Estate Limited.
The two accused persons also faced a third count where they were charged that on diverse dates between March 11, 2024, and July 31, 2024, in the same sub-county and county, jointly with others, not before the court, directors of Tamu Rafiki Real Estate Limited conspired to defraud Matteo Campanini and Campanini Anna of 125,900 euros by falsely representing that they would sell to them Villa No. 7BD, erected on land parcel number Kilifi/Jimba/2020, and thereafter, having received the said money, sold the same villa to Nicholas Morello despite having already agreed to sell the same villa to Matteo Campanini and Campanini Anna.
In a separate charge, Nativi and Lo Coco were charged that on March 27, 2024, at Malindi Sub County of Kilifi County, jointly with others, not before the court, being Directors of Tamu Rafiki Real Estate Limited, they obtained 10,000 euros (Sh. 1,502,100.00) from Massimo Maini and Jacquline Akoch Ikapel, directors of Jamani Limited, by falsely pretending that they were in a position and had the lawful capacity to sell them Villa No. 12B erected on land Parcel No. Kilifi/Jimba/2019a, a fact they knew to be false.
They were also charged that on diverse dates between February 28, 2024, and March 27, 2024, in Malindi, Kilifi County, jointly with others, not before the court, being Directors of Tamu Rafiki Real Estate Limited, they sold Villa no. 12B, erected on land parcel Number Kilifi/Jimba/1870, to Massimo Maini and Jacqueline Akoch Ikapel, Directors of Jamani Limited, while knowing that the said property had been fraudulently registered and transferred to Tamu Rafiki Real Estate Limited.
The magistrate set the case for mention on September 7.