The National Social Security Fund (NSSF) has raised alarm over a surge in fraudulent social media accounts impersonating the Fund to lure unsuspecting Ugandans into fake online investment schemes.
In a notice issued to the public, the Fund revealed that several accounts on Facebook, X (formerly Twitter), and Instagram operating under the name "Uganda Digital" have been falsely advertising investment opportunities. These scams claim to offer returns of up to sh10 million per month, allegedly through automatic investment plans.
According to NSSF, the fraudulent pages have gone as far as using the image of the Fund's Managing Director, Patrick M. Ayota, and in some cases, even attempting to imitate his speech to add a sense of legitimacy to their scheme.
“The Fund informs our esteemed members and the public that the said social media accounts are fraudulent and should be ignored,” the statement read.
NSSF said the matter has been formally reported to the relevant authorities for investigation and resolution. The Fund has also urged members who may have been contacted or fallen victim to the scam to report the incident to the nearest police station.
“In the unlikely event that any individual member has been directly contacted to take part in the fraud, we advise that you report to the nearest police station,” the Fund noted.
The NSSF reaffirmed its commitment to delivering efficient and secure services to its members, pledging to uphold its fiduciary responsibility in the face of digital threats.
This warning comes amid rising concerns over the increasing sophistication of online fraud in Uganda, with scammers frequently targeting official institutions and using doctored images or impersonation to exploit public trust.