By Ronnie Weswa
Police in Mbale City have arrested four bank fraudsters.
The suspects who are accused of reportedly stealing money from Banks and Micro-finance by forging Civil Servant’s credentials and using them to obtain ghost loans were arrested on 27th July, 2023.
Our investigations indicate that many financial institutions customers are dying quietly after losing money in the scam.
The Elgon Region Police Spokesperson, Mr Rogers Taitika who confirmed the arrest said, the suspects have been using Civil servant’s documents to get loans using forged Bank statements, stamps of various offices such as the CAO, DPC. They also forge appointment letters, National ID, Employee ID to con their victims.
He identified the suspects as Issa Ouma, the Bank manager of prism credit finance, Suubi Benjamin, Fred Wakabi and Ahamed Kalange.
Trouble started when Mr Suubi who impersonated a Police officer presented forged documents to Duckhill Micro finance Limited in Mbale City to get a loan.
Mr Taitika, said the suspects have been getting loans using Civil servant’s credentials.
The suspects were arrested after a tip off by a Micro-finance employee.
According to the Police Publicist, the arrest of Suubi led to the arrest of other suspects.
“Our Preliminary investigations indicate that Mr Suubi Benjamin presented forged documents to get a loan of Shs4.2 million from Duckhill Micro-financed limited,” Taitika said on Monday in a Press Conference.
Police have preferred charges of forgery, uttering false documents and impersonation against the suspects who are currently detained at Mbale Central police station under police SD REF.61/27/07.