Nakuru: 2 KU Students Arrested For Credit Cards Hacking And Bitcoin Fraud

Police in Nakuru have arrested two Kenyatta University students for allegedly hacking people’s credit cards and using them to purchase Bitcoins which they then convert to Kenyan currency.

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The two were arrested in the company of two young ladies during a raid on Wednesday at an apartment in the affluent neighborhood of Milimani area.

Francis Maina Wambui, alias ‘Nick’ (26), and Zellic Alusa (25), have reportedly been creating fake email accounts which they use to hack credit cards of unsuspecting people, especially those living in foreign countries, then buy Bitcoins that are converted to Kenyan currency.

“They then use the money to live lavishly, entertain young women and buy properties,” read a statement from the Directorate of Criminal Investigations (DCI).

DCI explained that the tech-savvy criminals use the digital currency medium because it leaves little or no trail, and it “operates free of any central control or the oversight of banks or governments.” 

During the raid, a land sale agreement entered on May 25, for a property valued at Ksh.850,000 in Juja, among other documents was recovered.

Other items recovered were five laptops, four mobile phones, two Wi-Fi gadgets, three hard drives and assorted SIM cards, all believed to be their tools of crime.

They have since been taken to cyber forensic experts for comprehensive analysis into the alleged crimes.

Meanwhile, the two will remain in police custody pending arraignment.

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