Eldoret Farmer Threatens Hunger Strike Over Alleged Investment Scam

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The investment company, however, maintains it is experiencing delays and assures clients they will be settled on time

Eldoret farmer Kimutai Arap Kolum threatens hunger strike over alleged investment scam/File Photo

A prominent cereal farmer in the North Rift region, Kimutai Arap Kolum, has threatened to initiate a hunger strike outside the offices of a local investment company, claiming he was defrauded of his investment money.

Kolum, along with several other farmers and businessmen in Eldoret, allege they invested significant sums with the company but haven’t received their promised returns in recent months. Kolum himself claims he is owed thousands of shillings.

“This company has not met its financial obligations,” Kolum declared. “Many of us farmers invested with them in good faith, and now we’re left hanging without our money.Unless¬† they pay me i will be on hunger strike at their offices”

The investment company, however, maintains it is experiencing delays and assures clients they will be settled on time. This incident comes amid a string of alleged scams in Eldoret, raising concerns about the town’s reputation.

Recently, students were reportedly swindled out of millions of shillings in a purported overseas education scholarship program under the Uasin Gishu County government. Additionally, hundreds of young men fell victim to a failed promise of work abroad under the “First Choice Company.” Furthermore, church leaders and business people lost millions in a separate forex company scam currently under investigation.

Kolum’s threatened hunger strike highlights the growing frustration and financial hardship faced by individuals allegedly targeted by these scams. The incident underscores the need for heightened vigilance and thorough research before making any investments, particularly in light of Eldoret’s recent spate of alleged financial cons.

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