The Directorate of Criminal Investigations arrested two Kenyan university students for hacking credit cards, and then using the funds to purchase bitcoin. According to the statement of the law enforcement agency. The two students converted the crypto to local currency and used the funds to support their extravagant lifestyle.
The Students’ Lavish Lifestyle
A Kenyan law enforcement agency, the Directorate of Criminal Investigations (DCI) said it has arrested two university students it accuses of hacking credit cards and using these to “purchase bitcoins and convert them to Kenyan currency.” In a statement, the agency said the so-called notorious gang of two was nabbed in Milimani, an affluent neighborhood in Kenya’s fourth-largest city, Nakuru.
Twitter thread explaining how the offense was carried out, the DCI revealed that the two — Francis Maina Wambui aka Nick, 26, and Zellic Alusa, 25 — had resorted to a growing criminal practice. This was explained by the agency
These students set up fake email accounts in order to hack into credit cards and steal information from people living abroad.
The DCI says that the students used the money to support their extravagant lifestyle. According to reports, the students used stolen funds to buy property and entertain their girlfriends. Following the raid on an apartment where the duo was operating, the DCI said among the documents recovered was “a land sale agreement entered on May, 25, for a property valued at Sh 850,000 [$7,240] in Juja.”
Cyber and Digital Forensic Lab Strengthening
According to the statement, five laptops and four smartphones were also recovered, as well as three hard drives and SIM cards.
Meanwhile, the DCI’s announcement of the arrest has come just a few days after Kenyan President Uhuru Kenyatta called for the “strengthening of the Cyber and Digital forensic lab to deal with contemporary crimes that involve misuse of technology.”
Local media reported that Kenyans might have been robbed of funds by another crypto Ponzi group.
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