A man has been charged before a Nairobi court over an alleged multi million shilling fake gold deal that also involves money laundering charges.
Mohamed Noor appeared before Milimani Senior Resident Magistrate Irene Thamara, where he denied all five counts levelled against him.
Noor is accused of obtaining USD 250,500 from John Sodipo of Sodipo Law Group by falsely pretending that he was in a position to smelt and ship 495 kilograms of gold from Kenya to Dubai.
The prosecution told the court that between January 17, 2026 and February 3, 2026, within Nairobi City County, Noor jointly with another person before court and others not before court, obtained the money with intent to defraud.
It is further alleged that between January between January 1, 2026 and February 3, 2026, Noor misrepresented that he could smelt and charter 495 kilograms of gold from Kenya to Dubai, a claim the prosecution says he knew to be false.
Noor also faces three counts under the Proceeds of Crime and Anti-Money Laundering Act. The prosecution allege that on January 17, 2026, within Nairobi City County, he entered into an agreement to pay SRK Logistic USD 217,900, funds said to be proceeds of crime, as settlement of a debt owed by Mohazcom Trading.
He is further charged with acquisition of proceeds of crime, with the prosecution alleging that on February 3, 2026, he acquired USD 217,900 through National Bank account number 7716736922 in the name of Mohazcom Trading, knowing or having reason to believe that the funds were proceeds of crime.
Additionally, Noor faces a related charge of possession of proceeds of crime. It is alleged that on February 3 and 4, 2026, within Nairobi City County, he possessed USD 217,900 through the same bank account, knowing or having reason to believe that the money formed part of proceeds of crime.
The court released Noor on a bond of Sh1 million or an alternative cash bail of Sh350,000.
The matter will be mentioned on March 2, 2026.
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