Court Remands another Suspect in Ugx2 billion Gold Scam

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Eric Mkwe Geoffrey, aka Okello in the dock while appearing in Court on Wednesday-Courtesy photo

The KCCA Chief Magistrate Court has remanded another suspect in the Ugx2 billion fake gold scam.

The suspect, identified as Eric Mkwe Geoffrey, aka Okello, was arrested by detectives working with the State House Anti-Corruption Unit and on Wednesday, October 25, 2023, he was arraigned before the court and subsequently remanded until November 6th.

He is charged with obtaining money by false pretense from a Korean investor.

“He is among those who conspired to defraud USD 600,000 (UGX2.2B) from a Korean investor in a 53-kg fake gold scam,” the statement stated.

The same court, on October 20th, 2023, charged and remanded David Balondemu, the Kampala District Land Board Chairperson, on the same charges.

On October 4, 2023, James Jeff Mugisha and Godfrey Maviri appeared before the KCCA Chief Magistrates Court for defrauding a Korean investor.

It’s alleged that between August and November 2021, the suspects reportedly defrauded a Korean investor, Hyun Uk Kim, of the sum of USD 600,000 in a 53-kg gold scam in Kampala.