Boda Boda Man Scams UGX 332M from Centenary Bank

A 45-year-old man identified as George Byaruhanga, also known by the aliases Ronald Kintu and Rogers Ainembabazi, has been charged before the Buganda Road Chief Magistrate’s Court for allegedly defrauding Centenary Bank of more than UGX 332 million through fraudulent electronic transfers. According to the prosecution, Byaruhanga conspired with others still at large to illegally transfer funds from a Centenary Bank account using forged documents and impersonation tactics. The offences are said to have taken place in Kampala earlier this year. The charge sheet lists multiple counts, including obtaining money by false pretence, forgery, uttering false documents, and impersonation. Prosecutors allege that Byaruhanga posed as a legitimate account holder to authorize and process large electronic fund transfers without the knowledge or consent of the rightful account owners. During his appearance in court, Byaruhanga denied the charges. He was remanded to Luzira Prison pending further investigation as police continue to pursue his alleged accomplices. Centenary Bank, one of Uganda’s largest commercial banks, has not been implicated in any wrongdoing. The institution is regarded as the victim in this case, and officials have reportedly cooperated with investigators to strengthen fraud detection systems and enhance customer security. The case underscores growing concerns over digital banking fraud in Uganda, especially as financial institutions expand electronic and mobile banking services. Authorities from the Uganda Police Force’s Cyber Crimes Unit have warned that fraudsters are becoming increasingly sophisticated, urging customers to remain vigilant with their personal banking credentials. The matter was adjourned to allow prosecutors additional time to complete investigations before trial proceedings continue.