QNet @ BehindMLM

The Central Bank of Sri Lanka has expanded its national list of prohibited pyramid. The updated January 20th, 2025 list now includes Qnet, MTFE and Ledger Block and Ride to Three Freedom.

QNet, Oriflame and and fifteen MLM companies have received fraud warnings from India’s Central Consumer Protection Authority (CCPA).

Four hundred and eighty-seven QNet promoters have been arrested in Ghana. Citing QNet as a Ponzi scheme, authorities in Kumasi made the arrests on September 2nd, 2024.

A QNet victim has filed a complaint in Indore, India. Kanishka Parmar, a local QNet promoter, recruited Kusum into QNet on the promise of a Rs. 10 million ROI over five years (~$119,000 USD).

QNet fraud across India is so rife that there are victim’s associations set up specifically to combat the pyramid scheme. Following increased illegal QNet recruitment in Manipur, the statewide QNet Fraud Victim’s Welfare Association has called for “urgent action”

Over the past few days eighteen QNet scammers have been arrested in India. On October 21st police arrested seventeen people in Jaipur for promoting QNet.

Seven QNet promoters have been arrested in Togo’s capital city Lome. As per a June 28th press-release from Togo’s National Police;

Three QNet executives have been arrested on pyramid scheme fraud charges in Hyderabad, India. As reported by India Today on May 30th;

Indian authorities have frozen $16 million tied to QNet. The freeze order is part of a new QNet criminal case, initiated in Hyderabad on March 23rd. The new criminal case follows a fire at a QNet sweatshop in Swapnalok Complex on March 17th, which claimed the lives of five promoters.

Sixty QNet scammers have been arrested in Ghana. Authorities claim the scammers continued to promote QNet, in violation of a July 2022 court order banning the pyramid scheme nationally.