The Koforidua District Police Command has arrested over 50 agents of notorious online marketing company-Qnet.
The suspects were arrested in their various hideout offices at Trom, Bornya, Two-Streams and other suburbs of New Juaben South municipality.
The arrests follows incessant complains by residents that activities of Qnet which have brought many strangers and some West Africa nationals to their communities are fueling thievery and burglary .
Qnet has been accused of operating a ponzi-like scheme which many of their victims are stranded after commissions in dollar payments promised them on Ghc5000 invested to purchase product online are not forthcoming.
In 2022, the Commercial Division of the Accra High Court ordered the dissolution of Quest Net Limited (Q-NET) for engaging in dishonest, illegal and fraudulent business activities.
The decision followed a petition filed by the Attorney-General (A-G), Godfred Yeboah Dame, seeking the dissolution of the network marketing company for operating in a manner akin to a Ponzi scheme.
Despite the petition and all hearing notices and documentary evidence duly served on Q-NET, the company failed to enter appearance and did not file any answer to the petition.
In a judgment dated July 20, 2022, the court, presided over by Justice Jennifer Abena Dadzi, upheld the arguments made by the A-G.
The court also restrained the directors, members and officers of the company from exercising any powers that pertained to the running of the company under the then Companies Act, 1963, Act 179, under which Q-NET was incorporated, according to a Daily Graphic report .
The court further granted the A-G an order to appoint the Registrar of Companies, in her capacity as Official Liquidator, to exercise the powers of a liquidator, including managing the assets of Q-NET pending the making of a winding order by the court.
“In this regard, the money obtained by the respondent from its activities represents proceeds of crime and I find that the failure of the respondent to explain the nature of its activities and what it was doing with the money so collected from the public, short of laundering the money, is itself indicative of the company operating in an illegal or inherently objectionable manner,” the court held
Source :Mybrytfmonline.com/Obed Ansah
