The Criminal Investigations Directorate (CID) has arrested Yinghe Chen, 43, of Chinese Nationality and a resident of UCB Zone in Bukoto 1, Nakawa Division in Kampala.
Deputy police spokesperson, Polly Namaye, said this followed an interagency investigation by the National Cyber TaskForce into allegations of fraud by Acclaim BLQ Sports SMC, with its five (05) subsidiary companies.
The National Cyber Taskforce is comprised of CID, Crime Intelligence (CI), ISO, ESO, CMI, Bank of Uganda, NIRA, NITA Uganda, and Uganda Banker Association, among others.
This brings the number of those arrested in relation to this fraud to five (05) people, according to Namaye.
“On 11.05.2023, Police arrested Awori Mary, the wife to Mr Yinghe Chen and the registered Director of Acclaim BLQ Sports SMC. On 12.06.2023, Police arrested Akoth Justine Oboth, Achola Mary, and Biira Shamim. These four suspects were all produced in court.”
She said the estimated number of victims stands at 6,000 Ugandans with losses of over Shs4.5bn.
“Acclaim BLQ Sports SMC operated under the slogan “You lose, You win” which is believed to have attracted many people to the online betting company.”
She added: “The Directorate of CID is working closely with DPP to ensure that Mr Yinghe Chen is produced to the court. The Police takes these public interest cases very seriously and we encourage all members of the public who have useful information relating to this investigation to share it with the nearest Police.”