Bank of Uganda at a conference named TelexFree and some fraudulent Forex operators as "unregulated and unlicensed financial schemes" that prey upon the poor and the uneducated.
http://pctechmag.com/2014/04/telexfree-not-regulated-by-government-says-bank-of-uganda/
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http://pctechmag.com/2014/04/telexfree-not-regulated-by-government-says-bank-of-uganda/
