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Home - Fraud - Alex Kimaiyo Kiprono charged with Sh1.8million fraud after hacking bank

Alex Kimaiyo Kiprono charged with Sh1.8million fraud after hacking bank

Sema YoteBy Sema Yote Fraud 2 Mins ReadDecember 6, 2024
Alex Kimaiyo Kiprono
Alex Kimaiyo Kiprono
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Alex Kimaiyo Kiprono

Appearing in court relaxed, composed, and focused, Alex Kimaiyo Kiprono looked innocent, but the charges against him said otherwise.

He allegedly hacked into KCB Bank and transferred over Sh 1.8 million from a joint account of one of their customers, contrary to the penal code. On Friday, things seemed to have stopped working, and he was charged with fraud.

Alex Kimaiyo Kiprono is alleged to have hacked the KCB Bank security code and effected unlawful electronic money transfers.

Alex Kimaiyo Kiprono
Alex Kimaiyo Kiprono

Kiprono was charged with fraudulently infringing KCB Bank’s security measures on January 10, 2024, by accessing a joint account of Samuel Kimuchu Gichuru and Bilha Wanjiku Gichuru and making an illegal money transfer from the said account.

Also Read: How The Pinnacle Tower defrauded a bank, failed to pay its loan and now starting for auction

He was further charged with computer fraud contrary to the law.

It is alleged that Kiprono, on January 10, 2024, jointly with others yet to be arrested fraudulently obtained an economic benefit of Sh 1,822,683 through unauthorized access to a computer system by effecting electronic money transfers from the joint account.

He denied the charge before Magistrate Benmark Ekhubi and was released on Sh1 million bond with an alternative cash bail of Sh 650,000.

Alex Kimaiyo Kiprono
Previous ArticleI am ready to serve! Heroic KMTC student Emmanuel Wekesa Masika says after graduating at Kasarani
Next Article Elsaei Waseem Ahmed Ahmed now wants the court to unfreeze the Illegal Sh134M he allegedly stole
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