Serial motor vehicle logbook scammer is free

Serial motor vehicle logbook scammer is free

By Lynnet Okumu / Posted on February 16, 2022 | 1:32 p.m.

KEY POINTS

The scammer who lives a sweet life on the sweat of others has earned more than 4.4 million shillings from the fake logbooks of four vehicles belonging to unsuspecting vehicle owners.

KEY POINTS TO REMEMBER

After acquiring 1.5 million shillings from Northwave Credit, 1.4 million shillings from Momentum Ltd and 843,000 shillings from Bidii Credit, the logbooks were returned to their original owners, in a scheme well choreographed.

A serial motor vehicle registration fraudster involved in a multi-million shilling logbook counterfeiting business is free on 100,000 cash bail.

According to a verdict handed down yesterday by a court in Makadara, George Gitu, one of the masterminds behind a new crime wave involving brokers and NTSA insiders, who obtain credit from micro institutions -finance using fake logbooks, is free.

This is after a request by DCI detectives for new detention orders to hold the suspect and full investigations were denied.

The scammer who lives a sweet life on the sweat of others has earned more than 4.4 million shillings from the fake logbooks of four vehicles belonging to unsuspecting vehicle owners.

Gitu, who works with crooked NTSA officials in the ICT department, has been registered in the TIMS system as the bona fide owner of KCD 974Z, Isuzu D-Max, KCR, 280R Toyota Vanguard and KCL 922G, Toyota Landcruiser Prado and fraudulently obtained credit using false vehicle documents.

After acquiring 1.5 million shillings from Northwave Credit, 1.4 million shillings from Momentum Ltd and 843,000 shillings from Bidii Credit, the logbooks were returned to their original owners, in a scheme well choreographed.

Owners were left at the mercy of ruthless auctioneers who then scooped up the vehicles that had served as collateral to finance the lifestyle of Githu and his accomplices. In a sad case, a physically disabled woman based in Thika received the Toyota Prado as a gift from her daughter.

Fraudsters drive high-end vehicles, posing as legitimate businessmen in the booming real estate and logistics industries, while they only identify a vehicle on the road or in a square parking lot, before contacting their accomplices at the NTSA and having the vehicle registered in their name. They then rush to micro-finance institutions and obtain loans.

Five suspects from that syndicate have been arrested by NTSA-based DCI anti-criminals so far, since the crackdown began in December last year following a public outcry.

Detectives who were joined by their counterparts from the Crime Research & Intelligence Bureau are currently on the trail of three other suspects who are part of this miscreant gang, which has left vehicle owners around the country to live in fear that their vehicles are auctioned off for defaulting on loans they know nothing about.

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