Lawyer in court over mortgage fraud
A city lawyer appeared in court this week to face eight counts of fraud.
Macharia Mungai was accused of receiving payments in mortgages from seven people and a company between November 6 and 23, 2006, purporting to sell them an apartment block belonging to someone else.
The lawyer was accused of inducing his victims to buy the property belonging to John Wachira Wambugu in mortgages, with intent to defraud them.
The court heard that Mungai pretended to have been contracted by the owner of the property to sell it on his behalf through Kenon Place Ltd.
Mungai, who operates under Mamicha & Company Advocates, at Pan African House is said to have received the payments in instalments.
He also faced other charges of inducing different buyers to accept lease numbers, again with intent to defraud them. He denied the charges before Principal Magistrate Peter Ndwiga.
He was released on a Sh1 million bond with surety of a similar amount or Sh300,000 cash bail. The case will be heard on March 12.