YOUTH CRISIS: 19-year-old arrested after opening fake bank branch to make money

The COVID-19 pandemic has catapulted the already worse employment situation, especially among the youth not just in Kenya but most third-world countries.

The youth crisis

The Kenyan youth have had to battle with lack of employment opportunities since time immemorial, leading them to resort to desperate measures to survive the harsh economy.

Many youth have been forced into crime just to survive. Just one week ago, police in Meru rescued an abducted person who had gone missing 14 days ago. The three suspects, both aged below 30 years, who were arrested were demanding a ransom of only Sh150,000 from the victim’s family.

Two weeks ago, four suspects, aged 27 years and below, were arrested in connection to a robbery incident that was captured on CCTV camera in Kilimani.

Also read: Four arrested in connection with Kilimani daylight robbery captured on CCTV

Also read: 5 suspects who killed Bungoma businessman, stealing Sh2 million arrested

Three weeks ago, a 26-year-old was among the suspects who killed a Bungoma businessman before stealing Sh2 million from him.

A 21-year-old was among the nine arrested by DCI detectives three weeks ago. They were suspected to be among the syndicate that has been breaking into cars and stealing them in Mombasa.

19-year-old Indian boy

A 19-year-old Indian man was on Saturday, July 11 arrested for allegedly opening a fake branch of the State Bank of India (SBI).

Kamal Babu was arrested alongside two of his accomplices in Tamil Nadu, after a suspicious SBI account holder alerted the actual local branch.

Peculiarly, Kamal’s fake branch was up and running for three months before getting busted, Luckily, nobody had been conned out of his/her money.

According to Indian news channels, Kamal was able to achieve this unfortunate feat because of the vast banking knowledge owing to the fact that his parents were former bank employees.

His late father who died 10 years ago died worked for SBI while his mother retired from the same bank.

His accomplices were Manickam (52 years) who is suspected to have made fake seals for the branch and Kumar (42 years) who is suspected to have printed the fake challans.

Share News With Tv47 Do you have a groundbreaking story you would like us to publish? Please reach us through or WhatsApp: +254 7111 74 230. Contact Now
Show More

Related Articles

One Comment

  1. The little guy has brains indeed. Not like our fellow young guys who engage in cheap and horrible activities. I’m sure that boy Will be properly employd.

    Talented journalist. Don’t forget me whenever there’s a vacancy

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button