The Ghana Police Service arrested 487 suspects who’re members of the Ponzi scheme referred to as QNET on Monday, September 4.
They had been apprehended in Kumasi within the Ashanti Area via an intelligence-led operation.
The suspects, consisting of 257 females and 230 males, had been arrested in a home situated at Adwuman close to Kenyasi, a suburb of Kumasi.
Preliminary investigations established via the scheme that the suspects efficiently enticed unsuspecting individuals from numerous elements of the nation underneath the guise of providing profitable returns on their investments.
Reveals retrieved from them embody registration paperwork and different supplies bearing the QNET logos.
Twelve of the arrested suspects who’ve been recognized as executives of the scheme 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.
They’re at present in police custody, helping within the investigation.
Consequently, the police have urged the general public to be cautious of such schemes and report such actions promptly for motion to be taken to clamp down Ponzi schemes.