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The US Fraudster And The Fake Kenya Desal Project

WASHINGTON DC

The United States markets regulator (Securities and Exchange Commission) has filed charges against an American who defrauded American investors $7.2 million (Sh788.3 million) for a fake desalination project in Kenya. Verley Lee "Rocky" Sembritzky, Jr., through his company Bounty and Ocean Harvest, claimed that the salt water cleaning plant could generate revenues of up to $20 million (Sh2.19 billion) annually while providing safe drinking water for all of Kenya. He promoted the desalination plant as unique and able to utilise everything and waste nothing, eliminate pollution, protect marine life, and yield outstanding returns to investors.

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