A Kenyan-British national has been charged with defrauding over Sh 100 million in a foreign exchange scam.
Nicholas Alexander Nesbit was arraigned before Milimani Principal Magistrate Gilbert Shikwe, where he denied the charges.
According to the prosecution, Nesbit allegedly conspired to defraud businessman Vimal Bhimji Shah of Sh 102,437,500 on May 24, 2023, in Nairobi County. He reportedly falsely claimed he could convert the amount into U.S. dollars.
The court granted him a bond of Sh 3 million or an alternative cash bail of Sh 1 million.
The case will be mentioned on February 19.