US investor claims UGX 2.2 billion lost in Uganda gold scam

Uganda's gold exports have been on the rise since opening the Africa Gold Refinery in Entebbe, according to official records.

Uganda's mining sector has seen a significant surge in revenue, with gold being one of the key minerals driving growth. ...

Ugandan businessman Lawrence Kizito Dalton charged in Kampala with defrauding an American investor of $105,000 in a gold scam. Remanded to Luzira Prison.

Ugandan businessman Lawrence Kizito charged in $105,000 Gold Scam, remanded

by Ronald Mayega | Reporter

20/06/2025

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KAMPALA, Uganda — A Kampala businessman has been charged with obtaining money by false pretense and conspiracy to defraud an ...

Kyagaba has vowed to take legal action against online platforms and those responsible for tarnishing his reputation.

Police Probe $4.9 Million Gold Heist Involving City Lawyer Kyagaba Isaac of Dentons, Foreign Investors

by LILIAN MUWONGE | UG STANDARD REPORTER

13/03/2025

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The Uganda Police Mineral Protection Unit is investigating a suspected $4.9 million gold scam involving foreign investors who say they ...

Gold exporters now have to pay billions of shillings in arrears to the taxman. Uganda's mining sector has seen a significant surge in revenue, with gold being one of the key minerals driving growth.

EXPOSED: How Kazakhstani nationals were defrauded in Ugandan gold scam

by LILIAN MUWONGE | UG STANDARD REPORTER

10/01/2025

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Uganda's mining sector has seen a significant surge in revenue, with gold being one of the key minerals driving growth. ...

Sudanese National Adam Denies Gold Scam Charges: Abdul Aziz Yousif Mohammed Adam, 52, pleads not guilty in Ugandan court to defrauding $650,000 from Dubai-based businessman. (PHOTO/ Henry Jjemba)

Uganda Court Charges Sudanese National Abdul Aziz Yousif Mohammed Adam In $650,000 Gold Scam

19/11/2024

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Sudanese National Adam Denies Gold Scam Charges: Abdul Aziz Yousif Mohammed Adam, 52, pleads not guilty in Ugandan court to ...

EXPOSED: Equity Bank, Stanbic Bank Embroiled in $1.7 Million Gold Scam

by WINNIE NAKAMATTE | REPORTER

24/07/2024

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KAMPALA, Uganda — Equity Bank and Stanbic Bank are facing accusations of facilitating a gold scam that led to a ...

James Mugisha and Godfrey Maviri allegedly swindled a Korean national, Hyun UK Kim, out of $300,000 by falsely claiming they were selling 53 kilograms of gold.

Ugandan dealers James Mugisha, Godfrey Maviri remanded over $300,000 Gold scam involving Korean national

by MANFRED TUMUSIIME | UG STANDARD REPORTER

05/10/2023

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James Mugisha and Godfrey Maviri allegedly swindled a Korean national, Hyun UK Kim, out of $300,000 by falsely claiming they ...

Lawyer Musangala, two others arrested over bogus gold deal, UGX 20 billion money laundering

by Juliette Namakula | Assistant Editor

19/02/2021

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KAMPALA, Uganda — Three men, including a city lawyer, were remanded to Kitalya prison Wednesday on charges of money laundering ...

City lawyer Simon Peter Musangala was on Wednesday, February 17, 2021 remanded to Kitalya prison on charges of money laundering (PHOTO/Courtesy)

City lawyer, 2 senior UPDF soldiers remanded over UGX20b fake gold deal

by Juliette Namakula | Assistant Editor

18/02/2021

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City lawyer Simon Peter Musangala was on Wednesday, February 17, 2021 remanded to Kitalya prison on charges of money laundering ...

Tag: Gold scam