Police arrest 60 agents of dissolved online marketing company, Q-net

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Eastern Regional Police Command has arrested 60 Independent Representatives (IRs) of the dissolved online network marketing company Quest Net (Q-net).

The IRs and their recruits were arrested in a swoop conducted by the Ghana Police Service at some parts of Koforidua such as Trom, Two-Streams, Bornya, and other parts of New Juaben South where they operate in rented apartments.

The IRs were operating in the area despite the online network marketing company’s dissolution by the court.

Their arrest follows a complaint lodged by some residents that the operations of the representatives of the company were becoming a threat to their security.

The victims, largely Togolese, Nigerians and Burkinabes, were made to pay huge amounts for recruitment into the mining sector, football clubs or COCOBOD in Ghana, only to be defrauded.

The victims were later camped in a room and forced to lure other victims into it.

Meanwhile, in 2022, the Commercial Division of the Accra High Court ordered the dissolution of Quest Net Limited (Q-NET) for engaging in illegal, dishonest and fraudulent business activities following a petition by the Attorney-General (AG), Godfred Yeboah Dame.

The company, however, failed to file an appearance and did not respond to the petition.

The court, in its judgment dated July 20, 2022, 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 said.


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