QNET, a global lifestyle and wellness company operating in the direct-selling industry, has been made aware of a case resulting from the fraudulent activities of a certain individual in Ogun State, Nigeria.
Techeconomy gathered that an Independent Representative (IR) identified as Okperegede Sunday defrauded about 50 of his “downlines”, to a tune of ₦50 million intended for product purchases and absconded with the money received from these “downlines”.
QNET through its lawyers, collaborated with the authorities to facilitate his arrest from his hide-out and immediately suspended his account, which will be terminated after investigations are concluded.
In a statement on Sunday, QNET emphasized a growing concern over the increasing number of incidents where its brand name is being misused by individuals and groups to engage in illegal or criminal activities.
“The Company is taking this opportunity to warn individuals using its name to perpetuate these acts to be cautious of the consequences that awaits them.
“QNET firmly opposes any fraudulent activities conducted in its name and remains committed to working with authorities to ensure justice is served. QNET hereby advises the public to stay vigilant and avoid falling victim to such deceptive practices.
“Earlier this year, we took proactive measures to raise public awareness, educate and inform individuals against fake job offers, scams, and illegal migration here in Ogun state through our Say No! Awareness campaign. These fraudulent activities, carried out in QNET’s name, are a serious concern for us because they impact people’s lives,” says Biram Fall, the regional general manager for QNET, Sub-Sahara Africa.
QNET is a lifestyle and wellness company that offers exclusive products designed to help people live healthier and more fulfilling lives.
The company operates using a direct-selling business model, allowing individuals to become promotors of the products.
These promotors, also known as Independent Representatives (IRs), build their own sales businesses by promoting the products and earning sales commissions.
They are required to conduct themselves professionally according to the company’s code of conduct and ethics. QNET has a zero-tolerance policy towards any form of illegal or fraudulent activity and will take strong action against anyone misrepresenting QNET.
The company also swiftly and decisively takes disciplinary action against the Independent Representative (IR) who conduct the business contrary to its policies and procedures and will continue to work closely with the police to ensure the perpetrators face justice.
Between 2022 and 2023, QNET conducted investigations and terminated 81 IRs in Sub-Saharan Africa, including in Burkina Faso, Nigeria, and Senegal, for violating company policies and procedures.
QNET has established a Say NO! Campaign website to raise awareness of job scams and human trafficking.
The company also has a compliance hotline on WhatsApp to receive reports of fraudulent activities in its name.
The public is encouraged to report any suspected fraudulent activities falsely representing QNET to WhatsApp number +233256630005 or via email at network.integrity@qnet.net for prompt action.
