Details of the operations of the Qnet money doubling scheme in the Suhum municipality of the Eastern Region are emerging after the arrest of recruits of the company.

Dozens of Qnet agents and hundreds of recruits have been arrested by police in Koforidua.

The special operation carried out by Police and Ambulance Service Personnel from the Counter-Terrorism and Concentration Camp located in Huhunya on Friday, targeted places where Qnet agents operate and target their victims.

The suspects include some West African nationals. 

Some women and their children were among the recruits found at the premises of the Qnet branches. They have been arrested for defrauding hundreds of victims under false pretenses.

Accra 100.5FM’s correspondent for Suhum, Kofi Mitchel. reported that the area has become a hub for the activities of the money doubling scheme in the region.

He told the host of ‘Ghana Yensom’ morning show, Kwame Appiah Kubi that many of the young men recruited for the money-doubling activities of the company were mainly from the Volta and Oti Regions.

He said these are students who have deserted school in search of unexplained money.

He reiterated that many of these young men believed to be working as agents of Qnet are lump up by the operators of the scheme in a single room in the area.

As many as six young men are made to stay in a single room with their home mobile phones taken away from them by the operators of the scheme.

He added that before one becomes a member of the team, he or she is made to make a down payment of about GHS 4,000 to the company to earn a commission of GHS600. He noted that young men make their commission depending on the number of people they introduce to the scheme who end up making a down payment too.

He said the GHS4000 is non-refundable and any agent who demands his or her money will have his or her mobile phone collected from him or her by some heavily-built men engaged by the scheme operators.

Many of the young men who used their school fees among others for the down payment are loitering about in the municipality with their parents back home believing their wards are in school, he said.

He said many of the recruits are reeling in the area.