Kampala Capital City Authority (KCCA) Grade one Magistrate has charged and remanded two people to Luzira for defrauding a Korean Investor over 1 billion shillings in gold scam.
The two acused persons namely; Mugisha James Jeff and Maviri Godfrey, all in their youthful age have denied the charges of obtaining money by false pretence and conspiracy to commit a felony.
Thess have been remanded to Luzira Prison untill the 25th October 2023 for mentioning of their case.
The duo were arrested by State House Anti corruption unit. It is alleged that between August and November 2021, a Korean investor, Hyun Uk Kim was defrauded over USD300,000 (Three hundred thousand dollars) in a 53kg gold scam in Kampala.
The investor was introduced to the deal by Mugisha James Jeff who knew the alleged gold seller who is still at large. During all interactions, Maviri Godfrey was always in the company of the gold ‘seller’.