Last Updated on March 3, 2026 by courtnews reporter
Steven John Waiswa Charged in Sh223M Gold Scam
A man has been charged with obtaining over Sh223 million in a fake gold deal targeting a foreign national.
Steven John Waiswa appeared before Irene Thamana at the Milimani Law Courts. He denied charges of conspiracy to commit a felony and obtaining money by false pretences.
read:Willis Wasonga Charged in USD 217,900 Gold Scam
Sh223 Million Fake Gold Deal Allegations
Prosecutors allege that between March 31, 2024, and May 30, 2024, Waiswa conspired to steal USD 1,271,200.74.
The amount is approximately Sh223,756,000.
The complainant in the case is Tanner Caldwell Cook.
According to the charge sheet, Waiswa allegedly claimed he could sell 2,820 kilograms of gold to the complainant.
The prosecution says he knew that representation was false.
read:DCI Arrests Abbas Badru Omuyoma Over USD 280,000 Fake Gold Scam in Nairobi
Charges Before Milimani Court
The accused faces charges of:
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Conspiracy to commit a felony
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Obtaining money by false pretences
The alleged offences occurred within Nairobi City County.
Bail Terms Issued
The court released Steven John Waiswa on:
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Sh2 million bond
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Alternative cash bail of Sh500,000
The case will be mentioned on March 11, 2026, for further directions.
read:Nairobi Lawyer Michael Otieno Owano Arrested in Ksh.79M Gold Scam Targeting Canadian Investor
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