Tag Archives: fraud

Kampala, Uganda | THE INDEPENDENT | Kampala tycoon Shukla Babubhai Mukesh was last week charged with fraud and now his file has gone missing from police, reports say. Mukesh commonly known as Shumuk is the boss behind Shumuk Aluminium Industries and was facing 13 counts ranging from forgery, uttering false …

Lagos, Nigeria | AFP | A 48-year-old man appeared in court on Monday accused of attempting to defraud people around the world of $20.5 million by pretending to be Nigeria’s First Lady. Julius Anyawu Uche was charged with 10 offences under cybercrimes legislation after scam emails were sent in the …

a Lagos, Nigeria | AFP | When one of Africa’s richest men joined Twitter and posted his first tweet on May 11 this year, the fanfare in his native Nigeria was immediate. News that Femi Otedola had opened an account spread like wildfire and the billionaire head of Forte Oil …

Rome, Italy | AFP | Italy’s competition authority on Wednesday said it was fining Apple and Samsung 10 and five million euros ($11.5 and $5.7 million) respectively for the so-called “planned obsolescence” of their smartphones. The ruling is believed to be the first against the manufacturers following accusations worldwide that …

New York, United States | AFP | The US Securities and Exchange Commission on Monday laid charges over a fraudulent cryptocurrency fundraiser that boxer Floyd Mayweather and rapper DJ Khaled touted on social media. Neither celebrity is accused in the scheme which the SEC said raised more than $32 million from …

New York, United States | AFP |  A US federal judge on Wednesday sentenced troubled American rapper DMX, best known for his taunting song “Party Up (Up in Here),” to one year behind bars for tax fraud. The 47-year-old rapper and actor, real name Earl Simmons, pleaded guilty last November …

Kampala, Uganda | GODFREY SSALI | Six people have been charged and remanded to Luzira prison for alleged procuring and obtaining registration of sim-cards using other people’s National IDs. The suspects including three juveniles appeared before Mwanga 11 Court Grade One Magistrate Julius Mwesigye in Lubaga Division. They include; Alex Ogola, …

New York, United States | AFP | Martin Shkreli, once dubbed the most hated man in America for ratcheting up the price of an HIV drug, was sentenced to seven years in prison Friday on charges of defrauding investors. The disgraced former pharmaceutical executive and hedge fund manager was convicted in …

Jerusalem, Undefined | AFP | Israeli police arrived on Friday at Prime Minister Benjamin Netanyahu’s home where media reports said they were to question him for an eighth time over allegations of fraud and bribery. An AFP journalist saw police arriving at Netanyahu’s official Jerusalem residence in two vehicles at …

THIS WEEK: Trial date for Gashumba fraud case set Kampala, Uganda | THE INDEPENDENT | Buganda Road Court has set Monday February 26 as the date to hear a case in which Kampala City socialite Frank Gashumba and his brother Innocent Kasumba are accused of fraud. The two are said to …