Businessman sentenced to two years in Prison for obtaining sh5 million credit by false pretense and issuing a bad cheque
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21 March 2024Businessman sentenced to two years in Prison for obtaining sh5 million credit by false pretense and issuing a bad cheque
A businessman was on Monday sentenced to two years in prison for obtaining sh 5 million credit by false pretense and issuing a bad cheque.
Chief Magistrate Susan Shitubi sentenced Suresh Devchand Pethad to two years in prison or pay a fine of sh 1million.
Pethad had obtained a credit of Sh 6 million from Rohit Shah by falsely pretending that he was in a position to trade in motorcycles business and pay a good profit.
The offence was committed on diverse dates between 2014 and 2016 at Parklands in Nairobi.
Pethad had also been charged with issuing a bad cheque where the court heard that on June 8, 2020, at Parklands, he issued a cheque of Sh999,999 in favor of Shah.
The court was told that the accused had issued it to be withdrawn from GTB, Kimathi Street branch knowing that the said branch had been closed.
The man was arrested in July 19, 2020.
