Ghana Police Arrest 487 Suspects in Kumasi QNET Ponzi Scheme Operation
Isaac Mintah 
The Ghana Police Service arrested 487 individuals involved in the Ponzi scheme known as QNET on Monday, September 2, 2024.
The arrests took place in Kumasi, located in the Ashanti Region, where the suspects were found in a house at Adwuman near Kenyasi, a suburb of the city.
The arrested suspects consist of 257 females and 230 males. Preliminary investigations revealed that the suspects were part of a scheme that lured unsuspecting individuals from various parts of the country with promises of lucrative investment returns.
During the operation, the Police retrieved several exhibits, including registration documents and other materials bearing the QNET logos, further implicating the suspects in the fraudulent activities.
Among the 487 suspects, twelve individuals have been identified as executives of the scheme. They are 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 in the ongoing investigation.
The Ghana Police Service has issued a public statement urging citizens to remain vigilant and report any suspicious activities related to such schemes to the authorities.
