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Police want a suspect who allegedly defrauded brokerage firm Standard Investment Bank locked up and say he has skipped bail. The suspect, Abraham Langat, was arrested in October 2013 and charged with forgery and fraud but was released on Sh300,000 cash bail.
According to a charge sheet by Inspector of Police Achilles Omondi, Mr Langat has absconded court and has been hiding since then. Mr Langat allegedly obtained details of shareholder documents, forged sale documents and sold shares to the unsuspecting public.
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