Kenyan Businessman Accused of Defrauding Investors of More Than $140 Million

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Businessman and owner of a Kenyan football club, Ricardo Badoer, has been accused of fleecing more than $140 million from investors via his Aidos Kuneen cryptocurrency.
Threats Against Investors
According to a local report, Kenyan businessman Ricardo Badoer is being accused of defrauding investors via his Aidos Kuneen cryptocurrency of more than $140 million.
The allegations against Badoer — the owner of Wazito FC, a football club that plays in Kenya’s top division — followed claims the Dubai-based businessman was refusing to release assets belonging to investors. Badoer is also accused of using former General Service Unit police officer Paul Kaikai to threaten investors.
In addition to the alleged threats, Badoer is reported to have blocked investors inquiring about their money via social media.
“Most of the investors are Japanese. He has withheld their assets and blocks anyone on Twitter or Aidos Market Telegram who asks about their money,” an anonymous source is quoted ex

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