A businessman is accused of taking Sh2 million from several investors. He allegedly promised them big returns through a fake investment plan.
The Economic and Organised Crime Office EOCO is investigating the businessman.
Authorities have not yet stated how widespread the alleged fraud is.
Investors are reported to have lost money in the scheme.
The office of EOCO is working to gather more information and evidence.
Further legal action will be determined by the investigation's findings.
This case highlights the risks associated with investment schemes.