Stephen Juma Ndeda Among 18 Accused in Sh500M Fraud Scheme
City lawyer Stephen Juma Ndeda is now an advocate to fear if the court cases are anything to go by. According to a search warrant issued by a Milimani court yesterday, Ndeda, allegedly with others, has defrauded a US investor of some Sh 500,000,000 in a fake business.
This is just a tip in the ocean. The advocate who rarely attends advocate functions in Kenya was last month implicated in a Sh 190,000 USD fraud. The case is still pending in court, as the complainant has not been allowed to come to Kenya.
This is despite him facing another Sh 342M money laundering charge in Nairobi’s Kahawa Law courts.
It’s believed that the advocate has several more charges in which he is accused of fraud, but they are yet to come to the public.
Prior to these accusations, some of which he has denied in court as the case proceeds. Lawyer Stephen Juma Ndeda faced another charge at the Makadara Court. He had been charged with malicious damage and plotting to kill a security guard. All this case now casts an alarm on why Kenyans and international investors must fear dealing with Mr Stephen Juma Ndeda.
A certain businessman told this publication that Ndeda is a tricky man to deal with. He said that his law firm charges expensively with no tangible results without a shortcut.
” When I see his name all over the media I feel like I was lucky. The advocate is expensive with no tangible results without a ‘shortcut’,” he said.
More to follow…
