Police Detain Pascaline Peter for 30 Days Over Shylock and Real Estate Fraud Scandal
BY THE DISPATCH DIGITAL REPORTER
Pascaline Peter, the primary suspect behind a multi-million Shylock and real estate fraud scheme, will remain in police custody for an additional 30 days. This extension was granted by the Chief Magistrate’s Court at Makadara, following a request from detectives based at the Kasarani Sub-County headquarters. The police are conducting an in-depth investigation into a massive financial fraud case that has affected over 300 victims, who claim to have lost millions of shillings.
To date, detectives have recorded statements from more than 60 victims, with the number expected to rise as more individuals come forward. Authorities are working to build an airtight case against Pascaline to ensure justice is served for all affected.
Arrest of Fraudster Pascaline Peter
Pascaline Peter, also known as Passy Ma Trevor, was arrested by a joint team of detectives from the Directorate of Criminal Investigations (DCI) headquarters and Kasarani after evading capture for months. Pascaline, the mastermind behind the scam, is accused of defrauding unsuspecting members of the public of around Ksh 350 million. She convinced her victims to invest large sums of money, promising high returns through her fraudulent real estate firm, Pafrim Investments Ltd.
Victims were enticed with promises of up to 30% monthly interest on their investments, depositing the money into four different bank accounts at Equity Bank, Co-op Bank, Stanbic Bank, and Kingdom Bank. However, once the payments were made, Pascaline went into hiding, leaving victims to count their losses. Her lavish lifestyle, flaunted across social media, added to the shock when it was revealed that she had swindled hundreds of investors.
Fleeing to Machakos County
After her fraud was exposed, Pascaline disappeared, only to be tracked down in a hideout in Kantafu, Machakos County. Investigators have so far confirmed that she defrauded over 200 individuals, with 106 formal complaints already filed against her. The police are continuing to gather evidence, urging the public to remain cautious of such fraudulent schemes.
The case has highlighted the growing concern over Ponzi-like schemes in Kenya, with authorities working to ensure that all victims receive justice. The court’s decision to extend Pascaline’s detention reflects the seriousness of the case and the ongoing effort to unravel the full extent of her fraudulent activities.
Investigations are ongoing, with police urging other victims to come forward.
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