Handcuffed man. PHOTO/COURTESY

By Gregory Musyoki

Have you ever saved money in a bank account only to be later told that your account is empty?

This is the sad reality that more than 400 Kenyans have been struggling with after a suspected fraudster siphoned Sh45 million from their accounts in some of the leading banks in the country.

Police reports indicate that a 22-year-old Nelson Kipkemboi with his accomplices had been using an underground web of fraudsters to siphon money from unsuspecting citizens.

A total of 481 Kenyans have so far been reported to be victims of the criminal act.

Mr Kipkemboi was arrested on Sunday from a hideout in Mulot Narok County and is being detained awaiting arraignment.

The Directorate of Criminal Investigations (DCI) has appealed to the public to anonymously share information that could help the investigators arrest the other suspects.

The suspect will be arraigned at Milimani Law Courts where he is likely to be charged with money laundering.