By Mercy Agumenaitwe,
BUSINESS REPORT
Ugandans in transacting via online money business apps have been warned against likelihood scammers that may cause them financial problems.
This has been revelead by the Bank of Uganda (BoU) following several complaints by netizens on the many online financial services providers abruptly closing businesses in the country after siphoning their money.
BoU also warned about Charge Anytime, a transaction APP which has abruptly closed and left many in tears.
Charge anytime was an online crypto-currency paying over 10% of any amount you deposit on a daily basis which attracted many people to deposit their monies.
Chris Amanyire who is one of the victims lost nearly 1.8 million shillings.
However, the Deputy Governor of the Bank of Uganda Dr. Michael Atingi-Ego has warned the public against cryptocurrencies.