Uganda arrests 7 persons over alleged $70,000 Fake Gold scam targeting Nigerian businessman 

The Ugandan authorities have detained seven individuals accused of defrauding a Nigerian businessman of $70,000 in an elaborate counterfeit gold scheme, showing the persistence of precious metals fraud across East Africa’s informal trading networks.  The post Uganda arrests 7 persons over alleged $70,000 Fake Gold scam targeting Nigerian businessman  appeared first on Nairametrics.

  Business   Aug 13, 2025   0   0  Add to Reading List
Uganda arrests 7 persons over alleged $70,000 Fake Gold scam targeting Nigerian businessman 

The Ugandan authorities have detained seven individuals accused of defrauding a Nigerian businessman of $70,000 in an elaborate counterfeit gold scheme, showing the persistence of precious metals fraud across East Africa’s informal trading networks. 

The post Uganda arrests 7 persons over alleged $70,000 Fake Gold scam targeting Nigerian businessman  appeared first on Nairametrics.

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