#CapitalNewsBIT Internet Fraudster Ronald Muramuzi has been released on bail. Muramuzi was granted non cash bail of 300 million shilling and asked to deposit his passport in court. He is charged with electronic fraud, transacting financial institutions business without license and obtaining money by false pretense. Prosecution alleges that between Feb/2013 and May/2014 in Kampala areas, Muramuzi being created a web site called Adfastinc , and defrauded 112 people of more than 2billions shillings. Buganda road Grade One Magistrate Simon Kintu also asked him to deposit his land title in court. The case has been adjourned to the 7th of next month.
Posted on: Thu, 19 Jun 2014 12:50:52 +0000
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