download - 2020-10-02T123036.202

Police Bursts Fraud rackets in Banks, Finance Trust Bank Credit Officers Wanted

Police at Muzana police station in old Kampala are holding a man who has been masquerading as Equity bank staff to con people of their money.

The suspect Peter Buleya 29 years a resident of Kisasi a Kampala suburb is alleged to have conned a one Rachael Nayiruba an accountant with Jinja Referral hospital money worth shs 10M claiming to be helping her get a loan from Finance Trust Bank.

According to Nayiruba, Buleya convinced her that he would get her loan within a period of one week if she fulfills his obligations of paying his dues and services in an agreed time.

Out of the 10M that they had agreed Nayiruba had so far gave him shs 600,000.

She added that she developed suspicion when she started calling him for a meeting but he couldn’t pick her calls which prompted her to ask some of her friends that work in equity bank.

She was told Bulaya had been chased sometimes back for conning bank clients.
“I police alerted police officers and they tricked him for a new job of getting them loans and when he came, he was arrested.”

Upon interrogation, Bulaya told detectives that he was not chased from Equity bank but rather resigned to start his private business called continental Financial Consultant which deals in accessing and giving loans from different banks to its customers.

Police says Bulaya connives with credit officers from different banks and steal people of their money to get for them loans.

It is reported that in this particular case, Bulaya connived with a one Bukenya who works with Finance Trust Bank Nansana branch and the two wanted to share 10M together.

Nayiruba says the suspect had intentions of grabbing her properties in Jinja which she had put as collateral in order to get loan saying that Bulaya acted as the bank loans officer and took pictures together for her properties in Jinja something that should be done by the real bank’s officers.

Police opened charges of theft, obtaining money by false pretense and impersonation against Peter Bulaya vide sd12/29/10/2018.

He will be charged in court alongside his associates most of them bank officials who are currently on police watch list.

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