Police arrest University dropout for allegedly hacking betting firm and stealing millions

Kenyan authorities have arrested 26-year-old former university student Seth Mwabe for allegedly hacking into the payment system of a top betting firm and siphoning off KSh 11.4 million (over US$88,000).

The Directorate of Criminal Investigations (DCI) confirmed the arrest following a raid on the suspect’s residence in Tatu City, Kiambu County. A video and images of the arrest and seized equipment have circulated widely online.

Investigators say Mwabe, who dropped out of Meru University in his second year, exploited vulnerabilities in the betting company’s payment service provider to conduct 38 fraudulent transactions through a linked bank account and PesaLink platform.

His home was found to contain a “well-established computer laboratory” with high-end servers, laptops, a safe, a money-counting machine, and several mobile phones.

In a statement during his interrogation, Mwabe described himself as a cybersecurity engineer since 2017, insisting:

am a cyber security engineer so this is what I do. I have been doing it since 2017. I left university in my second year.

The Directorate of Criminal Investigations (DCI) in Kenya has arrested a 26-year-old university dropout, identified as Seth Mwabe, for allegedly hacking into a betting firm’s system and siphoning KSh 11.4 million (over $88,000).

Kenyan authorities share details

The DCI’s Banking Fraud Unit led the operation after the betting firm reported suspicious losses. Regional Criminal Investigations Officer Abraham Mugambi said the raid uncovered sophisticated tools clearly used for illicit operations.

Authorities have linked Mwabe to other similar fraud cases, including against major brands, suggesting a broader network.

Mwabe appeared before a magistrate and is being held while investigations continue. Officials plan to review digital evidence from Telegram, Starlink, Kenya Bankers Association, and M-Pesa records, noting that some data may be stored outside Kenyan jurisdiction.

-Pulse

ABOUT: Nana Kwesi Coomson

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An Entrepreneur, Corporate Social Responsibility, Corporate Communications Executive and Philanthropist. Editor-in-Chief of www.233times.com. A Senior Journalist with Ghanaian Chronicle Newspaper. An alumnus of Adisadel College where he read General Arts. His first degree is in Bachelor of Arts - Political Science (major) and History (minor) from the University of Ghana. He holds MSc in Corporate Social Responsibility (CSR) and Energy with Public Relations (PR) from the Robert Gordon University in the United Kingdom. He is a 2018 Mandela Washington Fellow who studied at Clark Atlanta University in USA on the Business and Entrepreneurship track.

View all posts by: Nana Kwesi Coomson  

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