The former head of OneCoin recruitment in Uganda has been arrested.
The Criminal Investigations Department arrested John Mwambusya on January 30th.
Mwambusya stands accused of stealing more than $850,000 from over one thousand Ugandans.
According to Ugandan authorities, Mwambusya (right) ran his OneCoin business through Crypto Bridge African Limited.
Mwambusya, who also goes by Mwangutsya, appears to have joined OneCoin in late 2017, around the time
founder Ruja Ignatova disappeared
.
Mwangutsya and a team of OneLife “leaders” promoted OneCoin throughout Uganda, before disappearing themselves in 2020.
The CID intercepted and arrested Mwambusya as he was preparing to flee to neighbouring Rwanda.
As
reported by The Observer
;
Police are now appealing to the victims of this alleged scam to come forward and give their testimonies to the CID headquarters that will help in the prosecution of Mwangutsya for obtaining money by false pretense.
Although police are going to prosecute the prime suspect, Twiine explains that it is not easy for the detectives to recover such huge sums of money that was defrauded two years back.
Ugandan authorities appear to have begun investigating OneCoin and Mwambusya, following
investor complaints filed in May 2020
.
🤖 Quick Answer
Who is John Mwambusya and what are the charges against him?John Mwambusya, former head of OneCoin recruitment in Uganda, was arrested on January 30th by the Criminal Investigations Department. He stands accused of defrauding over one thousand Ugandans of approximately $850,000 through his OneCoin operations conducted via Crypto Bridge African Limited.
When did Mwambusya become involved with OneCoin?
Mwambusya joined OneCoin in late 2017, around the time founder Ruja Ignatova disappeared. He subsequently led recruitment efforts throughout Uganda alongside other OneLife leaders until vanishing in 2020.
How was Mwambusya apprehended?
The Criminal Investigations Department intercepted and arrested Mwambusya on January 30th while he was preparing to flee Uganda to
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