How ten suspects stole Sh450m through Fuliza

eld-mpesa

A M-Pesa shop on a street in Eldoret town, Uasin Gishu County. FILE PHOTO | JARED NYATAYA | NMG

Ten suspects arrested in Nakuru and Kitale over claims of stealing Sh449.6 million through a digital borrowing platform popularly known as Fuliza registered hundreds of SIM cards and took loans with no intention of repaying the money.

A police officer investigating the matter said the suspects would then transfer the money from the mobile phones to various bank accounts and mobile banking platforms and then switch off the SIM cards.

PAYE Tax Calculator

Note: The results are not exact but very close to the actual.