Nigerian police say they have arrested and repatriated a Chinese national, Xu Qing, wanted over an alleged $245 million Ponzi scheme. According to police accounts reported by multiple outlets, the case involves international coordination through INTERPOL. Police state that Xu Qing is a fugitive linked to the scheme and that Nigerian authorities take him into custody after locating him in the country. One report says the suspect fled to Nigeria after committing the alleged crime, and police subsequently moved to secure his return. Police spokesperson Anthony Placid is cited as saying the arrest and repatriation were carried out following established procedures related to the INTERPOL operation and the suspect’s outstanding warrant. The reports describe the repatriation process as part of efforts to bring suspects in major fraud cases before relevant authorities. Details of the alleged scheme, including where it operated and whether any victims have been identified in the public reports, are not expanded upon in the available summaries.
Nigeria police repatriate Chinese fugitive over alleged $245m Ponzi scheme
Nigerian police say they have arrested and repatriated a Chinese national, Xu Qing, wanted over an alleged $245 million Ponzi scheme. According to police accounts reported by multiple outlets, the cas...
- Nigerian police arrest and repatriate a Chinese fugitive identified as Xu Qing.
- Xu Qing is wanted over an alleged $245 million Ponzi scheme.
- The operation is described as involving INTERPOL cooperation.
- Police spokesperson Anthony Placid is quoted in at least one account about the arrest and repatriation.
- Reports say Xu Qing fled to Nigeria after the alleged fraud.
In a statement on Wednesday, police spokesperson Anthony Placid said the fugitive fled to Nigeria after committing the crime. The post Nigeria police repatriate Chinese fugitive over $245m ponzi scheme appeared first on Premium Times Nigeria.
3 months agoNigerian police have arrested and repatriated a Chinese fugitive, Xu Qing, wanted for a $245 million Ponzi scheme, following an INTERPOL operation. Read More: https://punchng.com/police-repatriate-chinese-fugitive-over-245m-fraud/
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