Nigerian Police Repatriate Chinese Fugitive Over $245m Ponzi Scheme
The Nigeria Police Force (NPF) has arrested and repatriated a Chinese national, Xu Qing, to the People’s Republic of China over his alleged involvement in a $245 million Ponzi scheme.
The operation was carried out by the INTERPOL National Central Bureau Abuja, following a formal request from Chinese authorities, who had declared the suspect 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.
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Acting on intelligence and sustained surveillance, INTERPOL operatives tracked the suspect to a factory in Olowotedo, Siun Village, within Obafemi Owode Local Government Area of Ogun State, where he was arrested on April 24, 2026.
He was later repatriated to China on April 28, 2026, under bilateral policing arrangements to face prosecution for the alleged offences.
The Inspector-General of Police, Olatunji Rilwan Disu, reaffirmed the Force’s commitment to strengthening international collaboration in tackling transnational organised crime.
He also advised Nigerian employers and business entities to conduct thorough due diligence, including police background checks, before engaging foreign nationals in business or employment relationships.
The NPF reiterated that it remains resolute in preventing Nigeria from becoming a safe haven for fugitives and will continue to intensify efforts against cross-border criminal activities.
By PRNigeria
