A group of affiliates in Ghana decided to market QNet by posing as National Security Operatives. This didn’t go down well with the National Security Council, leading to actual National Security Operatives arresting the QNet affiliates.
Evidently QNet International’s pyramid scheme isn’t doing to well, prompting the company to use human trafficking as a recruitment tool. No, that’s not a play on words. Authorities in Liberia have made arrests, smashing QNet International’s human trafficking ring.
Authorities in Côte d’Ivoire have banned Crowd1 and QNet. The stated reason for the ban is both companies operate as scams and facilitate money laundering.
The Indian regulatory crackdown on QNet continues, following three new arrests by the Odisha EOW. Properties connected to QNet and eBiz in Hyderabad have also been seized.
Authorities in India have shut down Serfa Marketing Private Limited, a QNet spinoff launched by former affiliate Baki Srinivas Reddy.
QNet’s Indian operations have been shut down by the Union Ministry of Corporate Affairs (MCA). The company’s management and top promoters are also wanted by authorities.
A report covering deportation of criminal from Ghana has revealed QNet “employees” are among those deported.
Adapa Aravind joined QNet back in 2014. In 2017 he quit his IT job to pursue QNet full-time. As required by QNet’s business model, Aravind purchased products each month in order to qualify for commissions. Those commissions never came though, and by 2019 Aravind (right) found himself $28,900 in debt. $7230 was savings Aravind had [Continue reading…]
The Cyberabad EOW has served summons notices to over 500 individuals, including several well-known Indian celebrities and sports people.
QNet has come under fire in India, following an investigation into unpaid commissions owed to more than 200,000 affiliates.
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