Police officers have arrested a man who is a key suspect in the fake money business. The suspect claims that he stole Sh28 million from al-Shabaab in Somalia.
David Ngondi, the Meru South Sub-County Police Commander, confirmed the arrest. He said that police officers apprehended Lawrence Mugendi on Tuesday. Additionally, he said that they believe Mr. Mugendi is the ringleader of a gang involved in the fake money business. Most Kenyans call the fake money business “wash wash”.
Mr. Ngondi also said that Mugendi’s arrest is a breakthrough.
“The arrest of the suspect is a breakthrough in the fight against money laundering not only in Tharaka Nithi County but also in the neighboring counties where they circulate the fake money,” he said.
The police boss also said that they have reason to believe Mr. Mugendi was operating from Thika town in Kiambu County.
Besides dealing in the fake money business, Mr. Mugendi allegedly approaches unsuspecting members of the public, promising to introduce them to ‘profitable business’.
He then meets them and shows them the fake money. Mr. Mugendi then asks them to partner in buying a chemical that would authenticate the notes. Mr. Mugendi tells them that he stole Sh28 million from al-Shabaab in Somalia, but he needs to authenticate the money.