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Daily Monitor
Tuesday April 20 2021
Witnesses point at a spot on a car that was shot by armed thugs who attacked a shop in Nansana-Ganda, Wakiso District in January. Five people were killed during the robbery. PHOTO/FILE
Summary
In 2020, the biggest fraction of money or property valued at Shs11.5t was lost in economic crimes, the report notes.
With many of the 2020 economic crimes still unresolved, financial institutions have urged the government to strength investigative capacity of crime prevention institutions, as well as the criminal justice system, to detect, prevent, investigate and fully prosecute rising cases of big-ticket fraud and embezzlement cases.
UgandaKampalaNaguruUgandansCharles-twiineAndrew-bagalaMartins-okoth-ocholaUganda-policeAirtelStanbic-bankUganda-police-forceCriminal-investigationsDecember 30, 2020 Written by Frank Kisakye Lydia Nakamya (L), head of Digital Banking and Client Experience, Standard Chartered Bank, receives the Digital Brand of the Year award from Dr Maggie Kigozi
The coronavirus pandemic lockdown may have led to an unprecedented uptake in digital financial solutions as business processes moved online. However, Ugandan banks, telecoms and fintech also suffered an unprecedented gravity of digital fraud attacks during the same period, writes FRANK KISAKYE.
A recent mega fraud saw mobile money giants, Airtel and MTN Uganda that hold more than 95 per of the subscriber base lose in It’s reported that the fraudsters used an abandoned company book that contained photocopies of National IDs at a photocopier stall to clone
UgandaUgandanMaggie-kigozi-lydia-nakamyaJane-mugenyiDoreen-lukandwaRonald-azairweMaggie-kigoziLydia-nakamyaGovernment-servicesGreen-energy-innovation-excellenceAirtelRegistration-authority