QNET, a globally recognized lifestyle and wellness direct-selling company, has refuted allegations linking it to fraudulent activities following a recent operation by the Economic and Financial Crimes Commission (EFCC) Kaduna Zonal Directorate in Minna, Niger State.
The EFCC arrested 28 individuals allegedly involved in Ponzi schemes, claiming they operated from a three-bedroom apartment in Al-Bishiri Estate and were linked to QNET.
A statement by QNET on Wednesday, reads:
“We categorically deny any association with these individuals or their illicit activities.
“While the EFCC reported recovering QNET application forms and documents during the operation, we assert that these materials are likely forged or fraudulent, as QNET’s business operates exclusively on an e-commerce platform and does not utilize physical application forms.
“These items were clearly misused by unauthorized parties exploiting our brand. QNET operates a legitimate and ethical direct-selling business model, empowering independent representatives to promote high-quality wellness and lifestyle products.
“As a global leader in the direct-selling industry since 1998, QNET adheres strictly to local and international regulations, maintaining the highest standards of compliance and integrity”.
Mr. Biram Fall, regional General Manager for Sub-Saharan Africa, further addressed the allegations, thus:
“We are deeply concerned by the rising trend of scams falsely linked to QNET, including fake investment schemes and fraudulent job offers. These malicious acts not only damage our reputation but also harm unsuspecting individuals by eroding their trust and finances. QNET condemns all fraudulent activities and is fully committed to working with authorities to ensure justice is served. We urge the public to remain vigilant and verify all QNET-related opportunities through official channels to avoid falling victim to such deceptive practices.”
QNET’s Ongoing Commitment to Anti-Fraud Advocacy
he said that since entering Nigeria in 2022 through the local partner Transblue Nigeria Limited, QNET has prioritized financial literacy and consumer protection.
“In November 2023, we launched the Say NO! campaign to educate the public about scams and Ponzi schemes, collaborating with key stakeholders such as the Lagos State Consumer Protection Agency (LASCOPA) and the Federal Ministry of Labour and Employment.
“This initiative has reached thousands across Nigeria and neighboring countries like Senegal and Burkina Faso through multilingual billboards, radio campaigns, educational pamphlets, and social media outreach. These efforts underscore our dedication to empowering communities with the knowledge to distinguish legitimate QNET services from fraudulent schemes.
Full Cooperation with Law Enforcement
“QNET is committed to supporting the EFCC’s investigation into this matter. We are actively cooperating with authorities to clarify the misuse of our brand and ensure that those responsible for these fraudulent activities are brought to justice. We encourage anyone with information about this case to come forward and assist in the investigation”.
Public Advisory: How to Stay Safe
To protect yourself from scams misusing its name, QNET advised as follows:
- Verify all information about QNET through our official website: qnet.net.
- Report suspicious activities to our dedicated team at integrity@qnet.net or via our WhatsApp hotline at +233256630005.
- Learn more about identifying and avoiding scams at saynocampaign.org
“QNET remains steadfast in upholding the highest ethical standards in direct selling. We call on the media and the public to verify facts before associating QNET with unverified claims, as such misinformation can unfairly damage our reputation and the trust of our stakeholders”, the company said.
