May 8, 2026
Hacker Fined Ksh100,000 For Ksh1.6 Million Bank Theft

Hacker Fined Ksh100,000 For Ksh1.6 Million Bank Theft

A court convicted a man on Thursday, December 11, of stealing Ksh1.6 million through illegal online banking payments.

The court determined that the accused had accessed internet banking without authorization and utilized it to take funds from the complainant’s account during a two-year period.

He was fined Ksh100,000 or, in default, condemned to three years in prison, with 14 days to appeal.

The magistrate decided that he had illegally converted the funds for personal use, citing digital audit trails and bank records that traced each transaction directly to the web platform he had established.

“I sentence the accused to a fine of Ksh100,000 or, in default, three years’ imprisonment, and the complainant is directed to file a case for the recovery of the money under the Small Claims Court,” the magistrate ruled.

The court also found that the reason he provided, that the money was given to him as a loan, lacked supporting proof.

Investigations indicated that the man had struck up a conversation with the complainant after presenting himself as a salesman.

Through this contact, he got access to business processes, which he later utilized to initiate the unauthorized transfers.

According to testimony, the payments were made between 2018 and 2020 and remained unnoticed until normal financial checks revealed inconsistencies.

Officers from the financial institution confirmed that the banking profile used to make the withdrawals was activated covertly and without the complainant’s permission.

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The prosecution detailed how the funds were routed into an account registered in his name, prompting the complainant to report the matter once the irregularities became clear.

Digital forensics and transaction logs formed a significant part of the evidence tabled before the court, supporting the charge of theft through illegal electronic transfers.

The case proceeded to a full hearing after the man denied the charges, but the court concluded that the pattern of transactions and the absence of any legitimate arrangement pointed to deliberate misappropriation.

The judgment brought an end to a case that had drawn on financial statements, electronic records, and witness testimony to establish how the unauthorised online banking setup enabled the loss of KSh 1.6 million.

Hacker Fined Ksh100,000 For Ksh1.6 Million Bank Theft

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