Kabwe Businessman Loses K60,000 After Mobile Money Agent Gambles Funds

A Kabwe-based businessman is counting losses after a mobile money agent allegedly gambled away K60,000 that was entrusted to him for a transaction. The incident has left the business community shocked and sparked fresh concerns about trust in mobile money services.
According to details from the complaint, the businessman had sent the K60,000 to the agent to facilitate a bulk payment for goods. Instead of processing the transaction, the agent reportedly used the funds to place bets, hoping to multiply the money. The gamble did not pay off, and the entire amount was lost.
The matter came to light when the businessman followed up on the delayed payment and the agent failed to give a clear explanation. After being pressed, the agent admitted he had staked the money on gambling platforms and lost it. The confession has since been reported to police.
Authorities in Kabwe have confirmed they are investigating the case. The mobile money agent has been apprehended to assist with inquiries, while officers work to establish whether any of the funds can be recovered. Police have warned agents against misusing client funds, stressing that such acts are criminal.
The incident has reignited debate over the risks of handling large cash transactions through individual agents. Many business owners rely on mobile money for convenience, but this case highlights how a breach of trust can lead to massive losses in minutes.
As investigations continue, the businessman is left hoping for justice and possible restitution. The case serves as a cautionary tale for others to use official channels, get receipts, and avoid leaving large sums with agents without safeguards.




