• Latest
  • Trending
Chinese Ponzi Suspect Arrested, Extradited to China Over $245m Fraud

Chinese Ponzi Suspect Arrested, Extradited to China Over $245m Fraud

May 6, 2026
Family, friends gather for Olu Jacobs funeral in Lagos

Family, friends gather for Olu Jacobs funeral in Lagos

October 2, 2026
Navy Rescues 2 Kidnap Victims, Recovers Engines In Akwa Ibom

Navy Rescues 2 Kidnap Victims, Recovers Engines In Akwa Ibom

October 2, 2026
UK Swears In New Attorney, Solicitor General

UK Swears In New Attorney, Solicitor General

October 2, 2026
FG Warns Nigerians Over Fake Passport Websites

UK Passport Intervention: 8,956 Nigerians Enrolled In 21 Days

October 2, 2026
Nigerian Pilgrim Dies In Makkah

2027 Hajj: Nigeria Gets Additional 10,000 Slots From Saudi Arabia

October 2, 2026
https://www.firstbanknigeria.com/personal/loans/mreif-home-loan/
ADVERTISEMENT
Carter Efe Beats Speed Darlington To Retain Celebrity Boxing Title

Carter Efe Beats Speed Darlington To Retain Celebrity Boxing Title

October 2, 2026
Phyna Knocks Out Nkechi Blessing In Historic Celebrity Boxing Bout

Phyna Knocks Out Nkechi Blessing In Historic Celebrity Boxing Bout

October 2, 2026
Trafficking: Court Orders Sealing Of 4 Brothels in Port Harcourt

Court Bars Akuns From Parading As NDC Guber Candidate In Plateau

October 2, 2026
Ogun APC Disowns Hunye, Reaffirms Adeola 2027 Guber Candidate

APC Reinstates Kebbi Chairman After Suspension

October 2, 2026
ADVERTISEMENT
  • Privacy Policy
    • Home
      • Contact Us
  • Advert Rates
Friday, October 2, 2026
  • Login
No Result
View All Result
Present Nigeria
  • Home
  • News
    • Education
    • Health
    • Crime
  • Business
  • Politics
  • Entertainment
    • Lifestyle
  • Opinion
  • Sports
  • World News
  • Home
  • News
    • Education
    • Health
    • Crime
  • Business
  • Politics
  • Entertainment
    • Lifestyle
  • Opinion
  • Sports
  • World News
No Result
View All Result
Present Nigeria
No Result
View All Result
Home News

Chinese Ponzi Suspect Arrested, Extradited to China Over $245m Fraud

by Present Nigeria
May 6, 2026
in News
0
Chinese Ponzi Suspect Arrested, Extradited to China Over $245m Fraud
28
SHARES
56
VIEWS
FacebookTwitterWhatsappTelegram

A Chinese man identified as Xu Qing who fled to Nigeria to evade arrest over alleged involvement in a financial fraud scheme $245,000,000 has been arrested and repatriated back to China by the Nigeria Police Force.

Anthony Placid, the spokesperson of Nigeria Police confirmed the repatriation of the Chinese in a statement on Wednesday.

RelatedPosts

Family, friends gather for Olu Jacobs funeral in Lagos

Navy Rescues 2 Kidnap Victims, Recovers Engines In Akwa Ibom

UK Swears In New Attorney, Solicitor General

He said the repatriation followed a formal request from Chinese authorities.

According to the statement, Qing fled to Nigeria on 5th November 2024 while a warrant was issued against him on 12th November 2025 by the Shinan Sub-Bureau of Qingdao Public Security of People’s Republic of China.

Placid said acting on intelligence and sustained surveillance operations, operatives of INTERPOL NCB Abuja successfully tracked and arrested the Chinese fugitive at a factory located in Olowotedo, Siun Village in Obafemi Owode Local Government Area of Ogun State on 24th April 2026.

He was repatriated to the People’s Republic of China on 28th April 2026 through bilateral police cooperation arrangements to face prosecution for the offences.

“He was subsequently arrested by Nigeria Police Force, through the INTERPOL National Central Bureau (NCB) Abuja and repatriated to China to face charges related to large-scale illegal absorption of public deposits through a Ponzi scheme,” Placid said. Nigerian current events

The Police spokesperson quoted the Inspector-General of Police, IGP Olatunji Rilwan Disu as reaffirming the commitment of the Nigeria Police Force to strengthening international cooperation in the fight against transnational organised crime.

‘The IGP further advised Nigerian employers and business entities to conduct due diligence, including background checks through the police, before engaging foreign nationals in business or employment relationships.

“The Nigeria Police Force remains resolute in its commitment to combating transnational crime and ensuring that Nigeria does not serve as a safe haven for fugitives,” Placid said.

Share this:

  • Click to share on Facebook (Opens in new window)
  • Click to share on Twitter (Opens in new window)
  • Click to share on WhatsApp (Opens in new window)
  • Click to share on Telegram (Opens in new window)
  • Click to share on LinkedIn (Opens in new window)
  • Click to share on Pinterest (Opens in new window)

Like this:

Like Loading...

Related

Share11Tweet7SendShareShare2
Previous Post

Ted Turner, CNN Founder Dies at 87

Next Post

Ekiti EXCO Donates N100m to Back Oyebanji’s Re-election Bid

Related Posts

Navy Rescues 2 Kidnap Victims, Recovers Engines In Akwa Ibom

Navy Rescues 2 Kidnap Victims, Recovers Engines In Akwa Ibom

October 2, 2026
UK Swears In New Attorney, Solicitor General

UK Swears In New Attorney, Solicitor General

October 2, 2026
FG Warns Nigerians Over Fake Passport Websites

UK Passport Intervention: 8,956 Nigerians Enrolled In 21 Days

October 2, 2026
Nigerian Pilgrim Dies In Makkah

2027 Hajj: Nigeria Gets Additional 10,000 Slots From Saudi Arabia

October 2, 2026
Next Post
Ekiti EXCO Donates N100m to Back Oyebanji’s Re-election Bid

Ekiti EXCO Donates N100m to Back Oyebanji's Re-election Bid

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

PRESENT, a credible online newspaper from the cell of Red Carpet Communications Limited, is published by an experienced and profoundly resourceful journalist, Yemi Olowolabi.
It leads in lucid presentation of trending stories and breaking news in Politics, Business, Economy, Entertainment, Sports, Lifestyles and Other Features.
With a heritage of in-depth coverage and adept leverage of core professionals, PRESENT is the trusted witness of the news.

Family, friends gather for Olu Jacobs funeral in Lagos

Family, friends gather for Olu Jacobs funeral in Lagos

October 2, 2026
Navy Rescues 2 Kidnap Victims, Recovers Engines In Akwa Ibom

Navy Rescues 2 Kidnap Victims, Recovers Engines In Akwa Ibom

October 2, 2026
UK Swears In New Attorney, Solicitor General

UK Swears In New Attorney, Solicitor General

October 2, 2026

© 2025 Present Nigeria. All Rights Reserved.

  • Privacy Policy
  • Advert Rates

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • News
    • Education
    • Health
    • Crime
  • Business
  • Politics
  • Entertainment
    • Lifestyle
  • Opinion
  • Sports
  • World News

© 2025 Present Nigeria. All Rights Reserved.

%d