The Standard Group Plc is a multi-media organization with investments in media
platforms spanning newspaper print
operations, television, radio broadcasting, digital and online services. The
Standard Group is recognized as a
leading multi-media house in Kenya with a key influence in matters of national and
international interest.
A man has been arrested in Nairobi in connection with a fraudulent gold deal that allegedly defrauded a Pakistani national of Sh5.1 million.
Detectives from the Directorate of Criminal Investigations (DCI) and officers from the Kenya Police Service (KPS), Lang’ata Sub-County, apprehended Stephen Magero at Sultan Suites in Ngong View Estate following a complaint lodged at Karen Police Station.
Investigations revealed that Magero had presented the foreigner with 500 grams of counterfeit gold before receiving cash payment. Tests later confirmed the gold was fake.
A subsequent search at the suspect’s office uncovered 10 bars of suspected fake gold, a MacBook Pro laptop, smelting machines, a mining certificate under the name Chawanda Minerals, business cards bearing the alias “John Mbalaka,” weighing equipment, two plastic boxes containing sand, and assorted documents.
Arrest of a Fake Gold MerchantA joint operation comprising of DCI and KPS officers drawn from Langata Sub-county has led to the arrest of Stephen Magero in connection with a fraudulent gold scam involving a Pakistani national. The fake gold dealer was arrested at Sultan… pic.twitter.com/OqsKXmQB01
— DCI KENYA (@DCI_Kenya) September 7, 2025
Police said the suspect is in custody and will be arraigned once the investigation is completed.
