Uganda, March 18 -- A property dealer has been accused of fraud in connection with a Ponzi scheme through which unsuspecting citizens were conned of millions of their hard-earned money.

Mr Innocent Tinyefunza, 33, a real estate dealer and resident of Gayaza in Wakiso District, was last Friday arraigned before the Chief Magistrate's Court at Buganda Road on accusations of electronic fraud.

Electronic fraud is an offence contrary to Section 19 of the Computer Misuse Act of 2011.

It attracts a fine not exceeding 360 currency points (Shs7.2m) and or imprisonment not exceeding 15 years.

It is alleged that in 2022, Mr Tinyefuza and other suspected fraudsters coordinated a scheme in Bugiri District, persuading community members to register o...