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Central Bank of Kenya warns public over the return of pyramid schemes

Bishop David Kariuki Ngari who owns Ekeza Sacco and Gakuyo Real estate firm

Central Bank of Kenya (CBK) has sounded the alarm over the rising number of pyramid schemes and unlicensed financial institutions that are stealing money from the public.

The regulator has cautioned the public to keep off unlicensed and unregulated financial institutions so that they don’t lose money.

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