Two Kenyan women have been charged with running an unlicensed investment scheme tied to the Quant Vest Stock Exchange (QVSE), a controversial platform that has left investors unable to access their funds. The charges were filed following intensified government investigations into the platform’s operations. Ruth Mueni Kimeu and Mary Katuma Mwangangi appeared in court on Wednesday, September 23, 2026, before Milimani Chief Magistrate Gethi Kibiru. The case highlights growing concerns over financial regulation in Kenya, as authorities seek to hold individuals accountable for unauthorized financial activities. The QVSE has been under scrutiny for its lack of proper licensing and its impact on investors’ ability to retrieve their money. The legal proceedings are expected to set a precedent for handling similar cases in the future.