Extradited Kenyan fraudster could get 20 yr-jail in U.S.

A Kenyan-born man accused of stealing more than $36 million from an American media technology services company is set to be charged in the US. Photo : RR

Addis Ababa, Ethiopia (ADV) – A Kenyan national has been extradited California where the accountant is wanted for allegedly stealing Sh3.6 billion ($36 million), sources told ADV on Wednesday.

The accountant, Edward Martin Karuku allegedly swindled the money via a wire fraud from the American Hypermedia Systems Inc. which is a media technology services company.

Alia Paul McDaniel, 42, was said to have been on the run and hiding in Costa Rica where he was arrest since 2017 and finally extradited to California.

He was finally flown over to Los Angeles on Thursday last week and awaiting fraud charges that could nail him in jail for 20 years, legal sources told ADV..

Kenyan newspaper reports quoting NBC, say American prosecutors were roping in McDaniel for his alleged involvement in making payments to Hypermedia vendors.

According to the indictment, McDaniel formed a corporation using a name similar to one of Hypermedia’s vendors, then directed more than Sh3.6 billion in funds to the shell company.

Thenceforth, he created bogus invoices on letterheads of actual Hypermedia vendors to justify the expenses.

Reports said McDaniel allegedly used the stolen funds to pay off Sh2.3 billion in credit card debt and transferred Sh800 million to his personal bank accounts.

© Bur-csa – A.H – N.A / From our regional correspondent Tamba Jean-Matthew III – African Daily Voice (ADV) – Follow us on Twitter : @ADVinfo_eng