Mosiria Warns Forex Scammers After Meeting Trader Manka FX

Geoffrey Mosiria, Nairobi’s Citizen Engagement and Customer Service CEC, has issued a strong warning to youths involved in fake forex schemes, cautioning them against misleading others and damaging the credibility of legitimate traders. Speaking in a TikTok video shared on Thursday, January 1, 2026, Mosiria addressed the growing trend of staged wealth and online deception after spending time with forex trader Manka FX.

Mosiria explained that while forex trading is a real and viable source of income for some young people, a large number of self-proclaimed traders are selling an illusion rather than results. He noted that the difference between genuine traders and scammers lies in transparency, discipline, and actual trading knowledge.

“I had recently talked about issues in forex trading. Some youths are genuinely doing it, for example, one I have here named Manka FX,” he said.

To underline his point, Mosiria shared details of his interaction with Manka FX, stating that the trader openly showed proof of his work. According to Mosiria, this level of openness is rare among those who frequently dominate social media with flashy lifestyles.

“He has an account online, he has even shown me his account balance, and he has promised to send me Ksh100,000 to prove he is a genuine trader. His account is real,” Mosiria shared.

He emphasized that real traders focus on systems, consistency, and learning, rather than constant public displays of luxury. This, he said, is where many young people are being misled.

Why is Mosiria concerned about fake forex lifestyles in Nairobi?

Mosiria expressed concern over youths who lack basic understanding of forex trading but spend their time portraying extreme wealth. He described how these individuals frequent clubs, purchase expensive drinks, and showcase high end items to create a false image of success that attracts and pressures other youths.

“But now there are others who do not even know how a forex account works, yet their work is to hang out in the streets and in clubs, showing off expensive items. They buy costly drinks and make other youths desire the same lifestyle. These are the ones I am addressing,” Mosiria said.

He warned that this culture fuels unrealistic expectations and encourages shortcuts to wealth. According to him, some of these individuals engage in illegal activities, including accessing other people’s accounts and transferring money to themselves, all while presenting themselves as forex experts.

“Some gain access to other people’s accounts and transfer money to themselves, tarnishing the names of genuine forex traders. Even I have been shown how to trade forex by these people,” Mosiria lamented.

Mosiria noted that such actions not only harm victims financially but also damage the reputation of young Kenyans who are legitimately building careers in trading. He stressed that the pressure created by fake success stories has left many youths feeling inadequate and desperate.

What dangers does Mosiria see in the new forms of fake forex?

The CEC went further to highlight a disturbing trend he referred to as another type of forex. According to Mosiria, this involves men engaging in relationships with other men for financial gain, often involving foreign nationals. He described scenarios where men pose as women in exchange for money, calling the practice dangerous and misleading.

“There is another type of forex that has become popular, which I also addressed recently. It involves men having affairs with other men; for example, a foreign man sends them money, and when he arrives, they pretend to be their wives, even though they are all men. These are bad influences, pressuring youths to want a good life, yet they themselves do not live that life,” he said.

Mosiria warned that such behavior sends the wrong message to young people, normalizing unethical ways of pursuing wealth. He added that constant exposure to fake online success has pushed some youths into emotional distress, with others turning to betting as a way to chase quick money.

“As a result, some youths have fallen into depression, while others turn to betting, hoping to make similar money as these forex traders. I want to tell them to stop comparing themselves to these traders, because betting is bad,” he shared.

By Lucky Anyanje