Eldoret Residents Reveal Losses of Millions in Church-Linked Investment Scam

In a hurry? Here’s a quick summary…

• Church members in Eldoret have been swindled by leaders who convince them to invest in fraudulent companies, promising high returns that never materialize.
• Despite reporting the scam to the police, the victims have seen little action taken against the perpetrator, Bishop Seko Silas.

The incidents of church members being swindled by church leaders in Eldoret town have become alarmingly frequent, almost turning into a mockery.

It has become a common practice for church leaders to establish small congregations, and once membership increases, they introduce what they term as investment companies. These leaders then persuade their flock to invest their hard-earned money under the guise of wealth creation.

The latest victims shared their harrowing experiences with Citizen TV on Sunday, with some too embarrassed to reveal their identities.

The men and women who spoke out said they had joined ROFAM Centre, a Christian church where Bishop Seko Silas quickly convinced them to invest in his De la Vie Consult company.

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One victim, Ebby Atema, recounted her ordeal: “When he paid well, I gathered some women who contributed Ksh. 1.8 million, and we invested it, but all that money is gone!”

The church members were promised substantial returns, with some being told they would receive 30 percent of their invested funds every month. Initially, they did receive some payments, but the company’s resources soon dried up.

“My sister-in-law introduced us… She said we could invest, so I took out a loan and invested Ksh. 4.6 million,” said another victim, Patrick Wafula.

Seko has sent several communications via emails and phone calls, stating that the company is facing some challenges but assuring them that payments would be made once the issues are resolved.

In some instances, Seko has dismissed the disgruntled members, calling them names and arrogantly declaring that his company will not fold despite their complaints.

Ebby Atema is now in deep trouble after persuading her mother to give her a title deed to secure a loan, which she then invested in De La Vie Consult.

“I’m overwhelmed with debt; I don’t know where to start. I don’t know what I’ll do to recover this money. It’s very painful. 

I can’t sleep, and I don’t know how I’ll pay these debts. I even used my mother’s money. I took my mum’s title deed and used it as security for the loan. I also took my brother-in-law’s title deed,” she narrated.

Wafula added, “He doesn’t pick up calls, just texts saying the money is safe, but payments aren’t being made, leaving us wondering what the problem is.”

Those who spoke to Citizen TV said they have reported the matter to the police, but so far, very little has been done to apprehend the perpetrator.