Last Updated on May 18, 2026 by carolyne juma

DCI Arrests Alleged Gold Scam Mastermind Mildred Kache as American Investor Loses Sh55.7 Million in Nairobi Fraud

Published: May 15, 2026 | 1:42 AM EAT

The Directorate of Criminal Investigations (DCI) has announced the arrest of a woman believed to be the mastermind behind an alleged international gold scam that reportedly defrauded an American national of Sh55,713,859 (USDT 431,380).

According to the DCI, the suspect identified as Mildred Kache, also known as Sabreena Ayesha, was arrested following investigations into the high-value gold fraud case.

Detectives say the American investor was allegedly lured into a fake gold deal involving promises to supply 400 kilograms of genuine gold bars.

read:Seth Steve Okute & Kelvin Onyango: Fake Gold Scam Suspects Arrested in Nairobi

How the Alleged Gold Scam Worked

According to investigators, the suspects allegedly used convincing negotiations, official-looking documentation, and polished business presentations to gain the victim’s trust.

The American national reportedly travelled to Nairobi believing he was finalizing a legitimate gold transaction.

The DCI says once the agreement was signed, the victim transferred millions of shillings into accounts linked to the suspects, expecting delivery of the gold consignment.

However, detectives say the gold was never delivered.

Instead, communication allegedly stopped immediately after the funds were received.

Calls reportedly went unanswered, and the investor allegedly realised he had been defrauded before reporting the matter to the authorities.

read:DRC and Ugandan Suspects Charged in Sh179M Fake Gold Scam

DCI Launches Hunt

The DCI says investigators launched a forensic investigation that eventually traced the prime suspect to Crystal Villas in Kilimani, Nairobi.

Mildred Kache was arrested during the operation.

However, her alleged accomplice Ibrahim Yusuf Mohamed reportedly escaped before detectives could apprehend him.

According to investigators, Ibrahim allegedly fled the scene after sensing police were closing in.

Luxury Mercedes Seized

During the operation, detectives recovered and seized a black Mercedes-Benz E50 registration number KCV 910C, allegedly linked to the suspects.

The vehicle was towed to the Nairobi Regional Headquarters yard, where it remains detained as an exhibit pending ongoing investigations.

read:Irish Director Satbinder Singh Testifies in Nairobi Gold Scam

Probe Continues

The DCI says investigations remain active as detectives pursue additional leads and attempt to trace the missing suspect and any possible wider network linked to the alleged fraud.

Authorities have not indicated whether additional arrests are expected.