Kenyan Businessman Accused of Defrauding Investors of More Than $140 Million
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Kenyan Businessman Accused of Defrauding Investors of More Than $140 Million

THELOGICALINDIAN - Businessman and buyer of a Kenyan football club Ricardo Badoer has been accused of fleecing added than 140 actor from investors via his Aidos Kuneen cryptocurrency

Threats Against Investors

According to a bounded report, Kenyan agent Ricardo Badoer is actuality accused of ambidexterity investors via his Aidos Kuneen cryptocurrency of added than $140 million.

The allegations adjoin Badoer — the buyer of Wazito FC, a football club that plays in Kenya’s top analysis — followed claims the Dubai-based agent was abnegation to absolution assets acceptance to investors. Badoer is additionally accused of application above General Service Unit badge administrator Paul Kaikai to abuse investors.

In accession to the declared threats, Badoer is reported to accept blocked investors inquiring about their money via amusing media.

“Most of the investors are Japanese. He has withheld their assets and blocks anyone on Twitter or Aidos Market Telegram who asks about their money,” an bearding antecedent is quoted explaining.

As a aftereffect of Badoer’s abortion to pay aback investors on time, some in Kenya now brainstorm that the agent could be accomplishing this in adjustment to stop the collapse of his cryptocurrency project.

Investors Want Central Bank of Kenya to Intervene

Meanwhile, Kahawa Tungu — an online media aperture that claims to be in control of arcane advice apropos Badoer — said some balked investors now appetite the axial coffer to intervene. The outlet’s report, which relies on the affidavit of an bearding source, explains:

Besides declining the Aidos Kuneen investors, Badoer is reportedly additionally clumsy to accommodated added obligations such as advantageous the salaries of Wazito FC players and the club’s operational expenses.

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