2026-05-06 My Story
- FAZIT — What Applies to These Guys
- The Bottom Line
Related pages

2026-05-06 My Story

Listen, I’ve been doing this since 2002. Croatia, Slovenia, selling to UK, Italy, Germany, Austria, Tanzania, and now Kampala. Twenty-three years. I’ve seen it all.

So this guy calls me from an American number — +1 (424) XXX-XXXX. Starts talking about gold in Dubai. Three hundred kilograms every fifteen days. Minimum. Cash and carry at the airport. Yeah, right.

I tell him straight — send me your name, company, physical address. Basic professional courtesy. You know what I got? Nothing. Just “I have to bring my partner in.”

Then a WhatsApp group invitation. Then some “Kendall” person. Then a phone call out of nowhere, no warning.

I told them — look, I’m saying this with good intentions. I’m sitting here in Kampala. Gold price here is 100% of LBMA. No cheap gold in Kampala unless you go to the districts and buy small amounts from miners. But Kampala? Full price. Face to face. That’s it. My office. Your money. My gold. Done.

Then the other guy starts — oh, he has five deals, he knows everything, he must be right. Blah blah blah. Could not understand a word I was saying. Would not believe me.

I tried. I really tried. Sent him my red flags article. Told him to be careful.

But you know what? Some people don’t want to be saved. They believe their own story.

Me? I sleep fine. My gold sells in Kampala every day. Face to face. No games. That’s twenty-three years of experience talking.

Take it or leave it.

— Jean Louis, Kampala

FAZIT — What Applies to These Guys

Now let me break it down for you. These two gentlemen — the American number and “Kendall” — they hit so many red flags from my article it’s not even funny. Here’s what applies directly to them:

🚩 Gold already in Dubai / gold in transit

They claim the gold is “already there” in Dubai. Classic scam. You cannot verify gold you haven’t seen. Real gold is sold where it is physically located — Kampala, not Dubai.

🚩 Minimum 300kg every 15 days

Absurd quantity. That’s $18-20 million per shipment. No legitimate seller offers this to an unknown contact over WhatsApp.

🚩 “Inspect and pay cash and carry at airport”

Complete nonsense. You cannot properly inspect 300kg of gold at an airport. You cannot pay cash. You cannot just “carry” it. This is not how gold export works anywhere, especially not in Uganda.

🚩 No name, no company, no physical address

I asked for basic professional information. They gave nothing. Then “I have to bring my partner in.” Then a WhatsApp group. That’s not how serious people operate.

🚩 Moving to WhatsApp groups

Classic scammer move. Creates false urgency, false social proof, and moves you off traceable platforms.

🚩 Sellers who don’t ask your price

Notice how neither of them asked me — a gold buyer in Kampala for decades — what my price is? A real seller wants to know what they can get. These guys didn’t care. Because they’re not selling real gold.

🚩 Sellers who dictate terms instead of buyers

In the real world, buyers set the price. I set my price: 100% LBMA, face to face, Kampala only. They couldn’t accept that. They kept pushing their Dubai narrative. That’s because scammers need to control the story.

🚩 Avoiding face-to-face meetings

I told them clearly: all business is done face to face, in Kampala, at my office. They immediately started talking over me, telling me about their “five deals,” refusing to listen. Why? Because face to face, their scam falls apart. You can’t fake a gold bar in my office.

🚩 The blabbery defense

When I called them out, the guy started talking without end. “He must be right, he has all the deals.” That’s what scammers do when cornered — they overwhelm you with words and false authority. A real gold dealer says “OK, what’s your price? When can I come to your office?”

🚩 Unsolicited contact from foreign number

An American number calling a gold buyer in Kampala, offering gold in Dubai. Why would anyone do that? Real gold sells itself locally. They don’t need to chase people on WhatsApp.

🚩 Name-dropping without substance

No names, no companies, no addresses — but plenty of promises. That’s name-dropping in reverse. They drop “refinery in Dubai” and “airport delivery” to sound legitimate, but there’s nothing behind it.

The Bottom Line

These guys are running a classic advance-fee or documentation scam. The pattern is textbook:

Contact from foreign number
Big quantities, great terms
No basic professional information
Move to WhatsApp group
Gold in another country (not where you are)
Avoid face-to-face at all costs
When challenged, talk endlessly and claim “I have deals”

I gave them the link to my red flags article. I told them to be careful. I even told them “I’m saying this with good intentions.”

That’s more than they deserved.

But as I said — some people don’t want to be saved. They believe their own story.

Me? I’ll be in my office in Kampala tomorrow, buying gold face to face, cash on the barrel, 100% LBMA price. Same as I’ve been doing since 2002.

If they want real business, they know where to find me.

If not? Not my problem.

— Jean Louis

Due Diligence, Red Flags, and Indicators of Gold Fraud in East Africa: Focus on Uganda, Kenya, Tanzania, and the Democratic Republic of Congo (DRC)
This article outlines numerous red flags indicating potential gold fraud in East Africa, particularly in Uganda, Kenya, Tanzania, and the DRC. Key scam indicators include offers of "gold in transit," misapplied CIF terms, requests for advance fees, unverified sellers lacking physical offices, and deals involving suspiciously low prices or large quantities. Other warning signs include sellers using fake documentation, name-dropping high-profile figures, or insisting on unusual procedures. The article emphasizes the importance of due diligence, legal consultation, and embassy verification to avoid falling victim to scams, urging buyers to prioritize transparency, proper licensing, and verified transactions when dealing in gold.

Veteran Gold Buyer Exposes Classic Advance-Fee Scam Red Flags in Kampala