Company Name checked against 1 community report on ScamBusterKE
Company Name
Velvet Eatery & Lounge
40
Concern Score
Moderate Concern
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1
Total Reports
1
Verified
Ksh 500,000
Total Lost
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company
Velvet Eatery & LoungeRestaurant investment scheme that promised investors 30% monthly returns. Investors were told their money would fund restaurant operations. The business closed abruptly and the owner disappeared with investors' funds estimated at over KES 100 million.
Reported 10 Feb 2026