{
  "id": 12578198,
  "title": "Fortune Sacco member seeks help over money withdrawn from accounts",
  "url": "https://urgent.news/2026/10/07/fortune-sacco-member-seeks-help-over-money-withdrawn-from-accounts",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-07T08:00:00.000Z",
  "source": {
    "name": "Capital Business",
    "slug": "capital-business",
    "url": "https://capitalfm.africa/fortune-sacco-member-seeks-help-over-money-withdrawn-from-accounts/"
  },
  "original_language": "en",
  "account": "Nairobi, Kenya – A member of Fortune Sacco has turned to the Consumer Federation of Kenya (COFEK) for assistance after unauthorised funds were withdrawn from his savings accounts without his knowledge or consent. David Muriithi Miano, a long-standing Sacco member, reported the incident to Kimunye Police Post on May 23, 2024, citing his surprise at not having registered for or using the Sacco’s mobile banking service. After filing a formal report at the Sacco’s headquarters and meeting with the Operations Manager, he received a list of mobile phone numbers to which the money had been sent. Miano subsequently requested copies of any forms he may have signed for mobile banking access and sought an explanation from the Sacco, but has yet to receive the requested documents. He also lodged a complaint with the Sacco Societies Regulatory Authority (SASRA) on September 30, 2024, but remains unsatisfied with the outcome. Miano, expressing frustration in a letter to COFEK dated October 5, 2024, emphasized that the breach of trust warrants compensation for the lost funds. He is now soliciting COFEK’s intervention to aid in resolving the dispute with the Sacco.",
  "summary": "David Muriithi Miano, a long-time member of the Sacco, said the money was withdrawn on May 23, 2024, despite never registering for or using the Sacco’s mobile banking service.",
  "key_points": [
    "David Muriithi Miano seeks COFEK's help after unauthorized funds withdrawn from his Sacco accounts.",
    "Miano reported incident to Kimunye Police Post on May 23, 2024, and SASRA on September 30, 2024.",
    "Miano demands compensation for lost funds and COFEK's intervention to resolve dispute with Sacco."
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}