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Fraud: When parents bear the burden of their children's actions

James and Jane denied the charges and were released on a Sh500 million bond each. [iStockphoto]

Joseph Mburu Mwema, a pharmacist, recalls the first time he learnt of forex exchange (FX). A friend had just joined an online trading scheme that was promising large returns.

To Mwema, the allure of vast returns proved too good to turn down. He quickly roped in his parents and brothers and invested heavily in a foreign exchange company, Sparkle Investment.

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