The Ghana Police Service, in an intelligence-led operation on Monday, September 2, 2024, arrested 487 individuals linked to the Ponzi scheme known as QNET in Kumasi, Ashanti Region.
The suspects, including 257 females and 230 males, were apprehended in a house located at Adwuman near Kenyasi, a suburb of Kumasi.
Preliminary investigations revealed that the suspects lured unsuspecting individuals from various parts of the country into the scheme, falsely promising lucrative returns on their investments. Among the items seized were registration documents and other materials bearing QNET logos.
Twelve individuals identified as the scheme’s executives were also arrested. They include Gyereh Evelyn, Francis Kpesah, Samuel Musah, Simon Yakubu, Thomas Kotual, Kwasi Nyabi, Benjamin Nsigma, Elijah Musah, Moses Katu, John Balabon Tagnakibi, James Nogma, and Fidelis Bang-ib. These individuals are currently in police custody, assisting with further investigations.
The Ghana Police Service issued a statement urging the public to remain vigilant against such schemes and to report any suspicious activities to the authorities.
