Mulot gang suspect in court over Sh6m StanChart fraud
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University graduate, Victor Kiptoo, at the Milimani Law Court in Nairobi where he was charged with defrauding Standard Chartered Bank (Kenya) Limited by hacking into its system.
Photo credit:
Richard Munguti | Nation Media Group
The investigating officer said the suspect was arrested in Mogogosiek, Bomet County, after a prolonged manhunt.
Mr Kiptoo was linked to a Sh5.9 million transaction involving another suspect who has already been charged.
An accounts and financial banking graduate accused by police of being part of a syndicate siphoning millions of shillings from banks across three counties has been arraigned for allegedly defrauding Standard Chartered Bank (Kenya) Limited of more than Sh5.9 million.
Victor Kiptoo, who appeared before Milimani Senior Principal Magistrate Dolphina Alego, was detained at Capitol Hill Police Station until May 5, 2025, to allow his lawyer, Brian Anyazwa, to file an affidavit opposing a police request to hold him for 14 more days.
