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Police repatriate $245m Ponzi scheme suspect to China

The Nigeria Police Force has repatriated a Chinese national, Xu Qing, to the People’s Republic of China over his alleged involvement in a $245 million Ponzi scheme.

The suspect was arrested by operatives of the INTERPOL National Central Bureau (NCB) Abuja following a request from Chinese authorities, who had declared him wanted in Beijing for large-scale financial fraud involving illegal absorption of public deposits.

Police investigations revealed that Xu fled China to Nigeria on November 5, 2024, in a bid to evade arrest. A warrant for his arrest was subsequently issued on November 12, 2025, by the Shinan Sub-Bureau of Qingdao Public Security.

Acting on intelligence and sustained surveillance, INTERPOL operatives tracked and apprehended the fugitive at a factory in Olowotedo, Siun Village, in Obafemi Owode Local Government Area of Ogun State on April 24, 2026. He was repatriated to China on April 28, 2026, through bilateral police cooperation arrangements to face prosecution.

The Inspector-General of Police, Kayode Egbetokun, reaffirmed the commitment of the Nigeria Police Force to strengthening international collaboration in tackling transnational organised crime.

He also advised Nigerian employers and business entities to carry out proper due diligence, including background checks through the police, before engaging foreign nationals.

The police reiterated their resolve to combat transnational crime and ensure that Nigeria does not become a safe haven for fugitives.


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