Conrad Maloba Arrested as DCI Probes Ambulance and Gold Fraud Scandal
Kenyan advocate linked to international fraud probe involving ambulance and gold deals
Last Updated on May 15, 2026 by courtnews reporter
Kenyan Advocate Conrad Maloba Arrested as DCI Probes Multi-Million Dollar Ambulance and Gold Fraud Scandal
Published: May 15, 2026 | 12:58 AM EAT
Kenyan advocate Conrad Maloba has been arrested and detained as detectives intensify investigations into an alleged international fraud network involving a fake ambulance procurement deal and a separate gold scam.
According to information provided, investigators believe Maloba may be linked to financial flows tied to multiple high-value fraud complaints involving foreign investors.
The case is said to involve suspicious transactions routed through a law firm account linked to Conrad Law Advocates, with detectives now tracing the movement of over USD 1 million allegedly lost by international investors.
Sources indicate Maloba spent a night in police custody before securing release on police bond as investigations continue.
The Directorate of Criminal Investigations is reportedly gathering additional evidence as the case expands.
read:William Kimani Richu Implicated in Fraud Attempts Linked to James Karugu Estate
Swedish Investor Allegedly Lost Hundreds of Thousands in Fake Ambulance Deal
According to investigators, the alleged scheme began after a Swedish businessman was contacted through social media by individuals claiming to have access to government procurement opportunities in Kenya.
The businessman was allegedly persuaded to invest in what appeared to be a legitimate multimillion-dollar deal involving the supply of 500 Toyota Hiace ambulances.
He later travelled to Nairobi, where he was reportedly received at the airport, accommodated in a major city hotel, and taken to meetings involving individuals presenting themselves as senior officials.
Court and investigative sources indicate documentation presented reflected a contract valued at more than USD 36 million.
The investor was allegedly instructed to make payments described as procurement-related fees.
The payments reportedly included:
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USD 110,000 as a prequalification fee
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USD 360,750 described as insurance/security payment
Total transferred: USD 470,750
Investigators say the funds were allegedly wired into an account held in the name of Conrad Law Advocates at Ecobank.
Harambee House Meeting Triggered Arrests
The alleged scheme reportedly began collapsing after the investor became suspicious and returned to Kenya.
Investigators later moved in during a meeting at Harambee House, where several suspects were reportedly arrested.
By that time, authorities believe the funds had already moved through the legal account.
Detectives are now examining whether the law firm account was knowingly used as part of the alleged fraud structure or whether it was exploited by third parties.
Australian Investor Also Reports Major Gold Scam
A second complaint has reportedly deepened the investigation.
An Australian investor allegedly lost USD 600,000 in a gold transaction following a similar pattern.
According to investigators:
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The investor was approached abroad
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Meetings were arranged across multiple countries
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A gold export deal was presented
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Funds were allegedly directed through the same law firm channel
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The promised gold was never delivered
The repeated use of the same account has intensified scrutiny.
read:Tonee Ndungu Fraud Case: Kytabu Founder in Court Over Sh6.3 Million Investor Scam
Detectives Tracing Financial Flows
Investigators are reportedly now examining whether the transactions point to:
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negligence
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misuse of legal accounts
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deliberate facilitation of fraud
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broader organized financial crime links
The investigation has reportedly widened to identify beneficiaries and possible accomplices in legal, financial, and administrative systems.
Authorities are also reviewing previous disputes involving the same legal practice.
At this stage, no formal conviction exists, and investigations remain ongoing.
read:Kiambu Lawyer Alex Kibunja Ngure Charged With Defrauding Businessman of KSh 10 Million Kajiado Land
