A man who hacked into KCB Bank and transferred over Sh 1.8 million from a joint account of one of their customers was on Friday charged with fraud.
Alex Kimaiyo Kirimi is alleged to have hacked the KCB Bank security code and effecting unlawful electronic money transfer.
Kiprono was charged with fraudulently infringing security measures of KCB bank on January 10,2024 by accessing a joint account of Samuel Kimuchu Gichuru and Bilha Wanjiku Gichuru and effecting illegal money transfer from the said account.
He was further charged with computer fraud contrary to the Law.
It is alleged that Kiprono on January 10, 2024 jointly with others yet to be arrested fraudulently obtained an economic benefit of Sh 1,822,683 through unauthorized access to a computer system by effecting electronic money transfers from the joint account.
He denied the charge before Magistrate Benmark Ekhubi and was released on Sh 1m bond with an alternative cash bail of Sh 650,000.
