City tycoon Ronald Muramuzi who recently bought Club Rouge at $ 100000 was yesterday arrested by police detectives from his home in Kawuku a Kampala suburb.
Ronald is allegedly to have been the brain behind Adfast, an online scheme that conned over 60 billion shillings from Kampala business men and government officials.
Business men were convinced that by depositing their money with Adfast, they would get quick and abnormal profits.
Ronald who has been splashing dimes as if he owns a garden of money is still detained at Central Police station in Kampala where he is undergoing interrogation.
Ronald who has been keeping a low profile came to the limelight last year when he made a wedding that is believed to have consumed over 500 million shillings.
He is the sole owner of the Jinja road based Club Rouge, A super market in Kabuusu and various apartments in Kampala suburbs.