Company Name checked against 1 community report on ScamBusterKE
Company Name
Velvet Eatery & Lounge
20
Concern Score
Low Concern
Limited reports, use normal caution
1
Total Reports
1
Verified
Ksh 500,000
Total Lost
1 active report produced a low concern score of 20.
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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