QNET Condemns Model Misuse, Denies Involvement In EFCC Fraud Investigation

QNET, a world way of life and wellness direct-selling firm, has strongly condemned the misuse of its model by fraudulent actors following the latest arrest of 28 people by the {Economic} and {Financial} Crimes Fee (EFCC) in Minna, Niger state.

The corporate firmly denies any involvement within the alleged Ponzi scheme linked to those people and reiterates its dedication to moral enterprise practices.

The EFCC’s operation, carried out by its Kaduna Zonal Directorate, led to the arrest of suspects reportedly operating a fraudulent scheme from a three-bedroom residence in Al-Bishiri Property. Authorities claimed to have recovered QNET-related paperwork on the scene, sparking hypothesis in regards to the firm’s connection to the suspects.

In response, QNET clarified that it operates completely by way of an e-commerce platform and doesn’t use bodily software varieties, asserting that any paperwork discovered within the EFCC’s raid have been seemingly cast or misused by unauthorized people in search of to use its model for illicit achieve

QNET’s regional basic supervisor for Sub-Saharan Africa, Biram Fall, informed LEADERSHIP that the corporate is deeply involved about repeated misuse of its identify.

“We’re deeply involved in regards to the repeated misuse of QNET’s identify in fraudulent schemes. These misleading practices not solely hurt unsuspecting people but in addition unfairly injury our repute. QNET operates a respectable and moral direct-selling mannequin, empowering impartial representatives to advertise high-quality wellness and way of life merchandise. We categorically deny any connection to the people arrested and stand firmly in opposition to all fraudulent actions,” Fall averred.

Since coming into Nigeria in 2022 by way of its native associate, Transblue Nigeria Restricted, QNET has been on the forefront of shopper safety and {financial} literacy. In November 2023, the corporate launched the Say NO! marketing campaign to coach the general public about scams and Ponzi schemes misusing its identify. This initiative, in collaboration with organizations such because the Lagos State Shopper Safety Company (LASCOPA) and the Federal Ministry of Labour and Employment, has reached 1000’s throughout Nigeria, Senegal, and Burkina Faso by way of billboards, radio applications, and digital consciousness campaigns. Regardless of these efforts, QNET continues to face challenges from fraudulent actors trying to use its model.

The corporate, due to this fact, urged the general public to confirm any QNET-related alternatives by way of its official channels to keep away from falling sufferer to scams. QNET is absolutely cooperating with the EFCC to make sure the people liable for misusing its identify are held accountable. The corporate encourages anybody with related data to help within the ongoing investigation.

To guard the general public from fraudulent schemes falsely related to QNET, the corporate advises all to confirm QNET-related data solely by way of the official web site; report suspicious actions to QNET’s integrity group by way of WhatsApp and educate themselves on rip-off prevention by visiting its ‘Say No’ Marketing campaign web site.

QNET mentioned it remained dedicated to sustaining the best moral requirements in direct promoting and urged the media and the general public to keep away from spreading misinformation that might unfairly injury its repute.