Why that 'lucky day' deposit could land you in jail
Withdrawing or spending money sent to you by mistake is theft.
A customer withdraws money from an M-Pesa shop.
For years, a belief lingered in casual conversations. That if someone erroneously sent money to your account, it was your lucky day. It was a financial windfall and did not have criminal consequences.
However, recent arrests by the Directorate of Criminal Investigations have proved the thought is a myth.
The safest response to an unexpected payment is simple; do not spend it.
Nanjala and Nyongesa had admitted receiving and using the money.
'We have already paid back the money that was erroneously sent to our M-Pesa accounts. Do not jail us.'
They flagged hundreds of thousands of suspicious accounts potentially tied to the student aid fraud network.
Financial pressure has forced some families to borrow money or sell assets.
An illegal connection to Kenya Pipeline's main petroleum pipeline discovered inside a condemned building in Changamwe.
The Kenyan secured the seat in the third round of voting after most contenders dropped out of the race.
- deposit
- jail
- withdrawing
- money
- mistake
- theft
