Goldenscape founder Peter Wangai arrested over fake greenhouse deals


Goldenscape founder Peter Wangai arrested over fake greenhouse deals
Goldenscape CEO Peter Wangai

Detectives from the Serious Crimes Unit of the Directorate of Criminal Investigations (DCI) on Thursday arrested Goldenscape Group Limited boss Peter Wangai Muriithi.

According to police, Mr. Wangai lured investors to invest in greenhouses that were reportedly to be set up in Ol Kalou and Nyahururu among other places.

However, as the detectives stated, this turned out to be a fraudulent investment deal and many of the victims have since recorded statements at the DCI headquarters.

The Goldenscape Founder and CEO now faces charges of obtaining money by false pretences, conspiracy to defraud, false representation, and issuing bad cheques.

Goldenscape offered investors the option of leasing greenhouses with contracts that promised rich returns, only to fail to pay them from late last year despite numerous promises and assurances.

DCI detectives on March 12 raided the company’s offices in Karen, Nairobi and rounded up five staff members for questioning.

The five employees are said to have been in the office during the raid that saw the detectives take away documents and computers for examination.

Officers made their way into the offices and recovered 10 desktop computers and records detailing the investment’s financial transactions among other documents that detectives said will help strengthen the case against Mr. Wangai.

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Story By Ian Omondi
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