Beware of QNet & Ghana – Review

Ghana’s Attorney-General Godfred Dame defeated QNet despite support from dishonest government officials.

QNet has been told to leave Ghana by a ruling that was only just revealed and is scheduled for July 2022.

Ghana’s Attorney General asserts in court filings that QNet is an MLM corporation by describing its business plan.

functioned similarly to a Ponzi scam by enticing clients to make investments and deposits with the business, which they ultimately lost.

According to Mr. Dame, Q-NET mostly operated in the Ashanti, Western, Eastern, and Ahafo areas and participated in several “fraudulent schemes,” such as enticing the public to purchase goods for exorbitant and fictitious profits.

Investigations, he said, showed that Q-NET also defrauded individuals of their money on the pretense that it might assist them in finding employment.

2017 saw a BehindMLM study of QNet. We classified QNet as a pyramid scheme based on products based on its business model.

Nigeria, Burkina Faso, Côte d’Ivoire, Mali, and Togo are among the countries from which Dame detected the QNet fraudsters working in Ghana. He asserted that fraudulent claims that were obtained by defrauding Ghanaian victims were subsequently laundered abroad.

The respondent’s “presence in the Ghanaian community has been badly weakened by the pervasive crime and illegality in which it is being conducted,” he said.

As for itself. The Ghanaian AG has attempted to control the swindle, but QNet has disregarded her.

Despite being properly served with the petition, all hearing notifications, and documentary evidence, Q-NET chose not to enter an appearance and did not provide an answer to the petition.

Instead, QNet aimed to defeat the AG’s inquiry. The Chief Director of Ghana’s Ministry for Business Development, Joe Tackie, expressed his happiness to have QNET in Ghana for the long term in 2021.

It’s unknown how much that endorsement cost.

The Ghanaian shell company used by QNet has been ordered to dissolve by the court’s July ruling. Additionally, QNet and its leaders have been prohibited from conducting business in the nation.

Vijay Eswaran (right), a Malaysian, runs QNet.

Since 1998, Malaysian authorities have ignored QNet’s fraud, which primarily occurs outside of the nation.

The top three countries driving traffic to QNet’s website right now, according to SimilarWeb, are India (26%), Pakistan (11%), and Turkey (8%).

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