Monetised Cars was listed by Bana among companies it described as being associated with pyramid schemes and alleged money-laundering scams that affected Kenyans. The report grouped the company with several other operations accused of attracting members through questionable investment or money-making arrangements.
According to Bana, the schemes mentioned in its report collectively caused Kenyans to lose more than KSh 10 billion over a period of about ten years. Monetised Cars was presented as one of the entities linked to this broader pattern of alleged financial losses suffered by members of the public.
The claims against Monetised Cars are based on Bana’s reporting and should not be treated as a final legal finding unless confirmed by a court or relevant regulatory authority. Members of the public should verify investment opportunities carefully and exercise caution before committing money to schemes promising unusually high or easy returns.
Reported 8 May 2026
