Kampala, Uganda | THE INDEPENDENT | The City Hall Magistrates Court has summoned the head of Petroleum in the Ministry of Energy and Mineral Development Spero Byokunda to appear and answer charges related to defrauding a Serbian investor. Byokunda is wanted together with businessman Emmanuel Byamukama to appear in Court …
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Kampala, Uganda | THE INDEPENDENT | The Uganda Bankers Association has endorsed the Bug Bounty Program as part of efforts to improve the security of the financial industry against cybercrimes. The Bug Bounty is the monetary reward offered to ethical hackers who specifically uncover and document vulnerabilities for application developers. …
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Kampala, Uganda | THE INDEPENDENT | Uganda Revenue Authority (URA) revealed that it will soon introduce smart gate, an automated self-service border control system to combat trade fraud including under and over-declaration of imports and exports. The gates are in addition to other measures in place such as cargo digital scanners, …
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Kampala, Uganda | THE INDEPENDENT | The Insurance industry is registering increasing cases of fraud with the regulators citing motor vehicle and medical insurance as the most affected. This according to the Uganda Insurance Regulatory Authority is also leading to the high cost of doing business and consequently the cost of …
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Kampala, Uganda | THE INDEPENDENT | Pastor Sirajje Semanda from the Revival Church in Bombo and Jimmy Arinaitwe, have earned themselves two and half years in prison for fraud. The Buganda Road Chief Magistrate, Gladys Kamasanyu sentenced the dou on Tuesday and also ordered them to pay a fine of Shillings 405 …
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Canberra Australia | Xinhua | A South Australian winery has started trialing a new technology to combat international wine fraud. Grosset Wines, based in the Clare Valley north of Adelaide, have swapped out their usual bottle caps in Australia and Britain for ones that use Enseal — a product designed by owner …
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Fraudsters have resorted to using simcards of dead people or old people in rural areas ignorant about transactions | THE INDEPENDENT | The National Payment Systems Services Association has partnered with Uganda Bankers Association to fight fraud that had become a threat to the financial sector and the growth in …
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Gulu, Uganda | THE INDEPENDENT | Seven businessmen in Gulu city have petitioned Prime Minister Robinah Nabbanja to help them recover Shillings 1 billion for supplies to Countryside Harvesters, a local Non Governmental Organization. The businessmen accuse Solomon Okello, the Director of Countryside Harvesters in Gulu city of failing to pay …
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Kampala, Uganda | THE INDEPENDENT | The Gender and Culture Affairs State Minister, Peace Mutuuzo has clamped down on the operations of Alliance in Motion Global, a network and marketing company for alleged fraud and trafficking of youth in the guise of getting employment. The company, which is believed to have …
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Beijing, China | Xinhua | China’s internet watchdog on Tuesday said it had intensified a crackdown on illegal online information that may lead to speculation and fraud involving cryptocurrency. The move since earlier this year was aimed at protecting people’s property, according to the Cyberspace Administration of China. While urging leading …
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