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Items that were recovered. Courtesy Photo

Ugandans, Foreign Nationals Arrested over Shs370m Fake Gold Scam

After searching at their premises, suspects were found in illegal possession of G4S Private security organization uniforms, 100 kilograms of suspected fake gold, weighing scales and gold testing machines.
posted onNovember 12, 2018
nocomment

By Kampala Post Reporter

KAMPALA. Security agencies have arrested a syndicate of Ugandan, Congolese and Cameroonian fake gold dealers for allegedly conning a Chinese investor.

Star Yang, a Chinese national was lured to travel to Uganda with the prospect of buying gold. Upon arriving in the country, he was linked to one James Byaruhanga, 40, aka Governor who said he had a company which deals in gold.

“It's alleged that Yang was showed two genuine gold bars which were subjected to test by a one Sayid Musanji, he was asked to deposit 83,000 US Dollars and then promised to return on the following Monday to pick the ready gold bar consignment,” police said in a statement.

On failure to provide the investor with the agreed gold bars, he then sought for assistance from authorities and a theft report was filed against them alleging he was defrauded of 100,000 US Dollars (about Shs370m).

After searching at their premises, suspects were found in illegal possession of G4S Private security organization uniforms, 100 kilograms of suspected fake gold, weighing scales and gold testing machines.

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A security official arresting the suspects. Courtesy Photo

Police identified the suspects as; James Byaruhanga, 40, Patrick Ndenzi, 21(Congolese),Boniface Munagabe, 34, Frank Ngabirano, 33, Ummo Amati, 38 and Mike Lota, 43.

Others are; Fred Ndayi, 16, John Tumukunde, 20, Robert Sseguya, 30, Bruce Kamugisha, 33, Junior Okungi, Sayid Musanji and Walter Adenyo.

“The gold samples are to be taken to the Government Analytical Laboratory for testing and suspects would be charged with theft if found guilty,” police said.

The suspects are currently detained at Kabalagala Police Station pending arraignment in court.

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