News
Bidsworth CEO Mucheru Charged With Sh30M Fraud
The CEO of Bidsworth Auto-Rent Company was on Wednesday arraigned before a Nairobi court and charged with obtaining Sh 30 M by allegedly using fraudulent tricks.
It was alleged that Keeru Ngugi Mucheru obtained the said money in February 2023.
It was alleged that he defrauded Ng’enda Location Ranching Company the money by falsely pretending that he would invest in his company and give Ng’enda Location a monthly interest of 15%.
He was further charged with fraudulently obtaining Sh 1 M from Winnie Adoyo Ong’ondo by falsely pretending that he would invest the money and give her 15% monthly interest.
He faced another charge of obtaining Sh 2.95M from other unsuspecting victims using similar tricks.
Further, the prosecution alleged that in March and April 2023, the suspect fraudulently obtained Sh 1.9M from two other victims pretending he would invest the money in his company and give them monthly interest of 15%.
He denied the offenses before Magistrate Robinson Ondieki and was detainedin police cells awaiting bail and bond determination.
Kenya Insights allows guest blogging, if you want to be published on Kenya’s most authoritative and accurate blog, have an expose, news TIPS, story angles, human interest stories, drop us an email on [email protected] or via Telegram
Lawyer Odowo Osewe Missing as Partner Faces Charges in Sh35 Million Gold Fraud Case
Fake Gold Scammer Patroba Odhiambo Charged Over Sh61 Million Fraud Scheme
SCANDAL: SHA Blows Sh77 Million in Legal Fees to Recover Measly Sh13 Million as Taxpayers Foot Bill
Raila Junior Installed as Odinga Family Head in Traditional Luo Ceremony
How KTDA Directors Are Milking Farmers Dry and Paying Peanuts For Tea Bonus
Interpol Goes After 14 Kenyans Linked to International Crypto Scams
Deadly Digital Doorway: How a KSh11.4 Million Betika Cyber Breach Exposed Catastrophic Cracks in Kenya’s Fintech Fortress
Chaos Erupts At Wedding After Groom’s Secret Lover Appears With A Baby
Village Erupts In Shock After Long-Lost Man Returns Home Claiming He Was Spiritually Held Captive For Years
High Court stops the Enforcement of Controversial Computer Misuse and Cyber Crime Law
Plane Carrying Raila Odinga Becomes World’s Most Tracked Flight as Kenya Airways Honors Him With Special Call Sign ‘RAO001’
A Pattern Emerges: How Somali-Led Cartels Are Fueling Kenya’s Real Estate Boom With American Fraud Money
Safaricom’s Sh115 Trillion Data Breach Scandal: How Kenya’s Telecom Giant Sold Out 11.5 Million Customers
Former Nairobi CEC Newton Munene Found Dead as Sonko Alleges Cartel Involvement
Financial Watchdog Flags Sh600 Million Sham SHA Payments
Lea Maize Flour Producer Admits to Adding Chemicals to Make Ugali ‘Balloon’ as Experts Issue Warnings
I Used To Sleep Hungry, But Today I Employ The Same People Who Once Laughed At My Poverty
Kwale Sugar Faces Liquidation Guillotine as Supreme Court Slams Door on Last-Ditch Rescue Bid
Billionaire: Inside Raila Odinga’s Vast Wealth
US Charges Kenyan with Stealing Sh83 Billion from USAID-Funded Project at KEMSA
-
News1 week agoPlane Carrying Raila Odinga Becomes World’s Most Tracked Flight as Kenya Airways Honors Him With Special Call Sign ‘RAO001’
-
Business3 days agoSafaricom’s Sh115 Trillion Data Breach Scandal: How Kenya’s Telecom Giant Sold Out 11.5 Million Customers
-
News2 weeks agoFormer Nairobi CEC Newton Munene Found Dead as Sonko Alleges Cartel Involvement
-
News1 week agoI Used To Sleep Hungry, But Today I Employ The Same People Who Once Laughed At My Poverty
-
Investigations1 week agoKwale Sugar Faces Liquidation Guillotine as Supreme Court Slams Door on Last-Ditch Rescue Bid
-
Business6 days agoBillionaire: Inside Raila Odinga’s Vast Wealth
-
News6 days agoMaurice Ogeta, Raila’s Bodyguard: The Shadow Who Became The Story
-
News1 week agoInside 17 Minutes: CCTV Footage Reveals Murdered State House Guard Was Well Known to The Killer