Police have arraigned a suspect accused of hacking KCB Bank security code and effecting unlawful electronic money transfer.
Alex Kimaiyo 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 also charged with computer fraud contrary to the Law.
The prosecution alleged that Alex Kimaiyo on January 10, 2024, jointly with others yet to be arrested fraudulently obtained an economic benefit of Ksh 1,822,683 through unauthorized access to a computer system by effecting electronic money transfers from the joint account.
Appearing before Magistrate Benmark Ekhubi, the suspect denied the charges and was released on Ksh 1m bond with an alternative cash bail of Ksh 650,000.
