Last updated - January 28, 2026

High Risk

i
1.4

2.2

User Score

1.2

Trust Score

1.5

Brand Score

OVERVIEW

About QNET

QNet, a Hong Kong-based MLM under the QI Group since 1998, sells wellness, personal care, luxury watches, and educational products via independent representatives. With a strong presence in Asia, the Middle East, and Africa, it sponsors Manchester City FC. Despite legal operations claims, QNet faces pyramid scheme allegations, with investigations and arrests in India, Rwanda, and Indonesia, raising ethical concerns.

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CONTACT INFORMATION

Facebook
@QNETOfficial
YouTube
@QNETofficial
Twitter (X)
@qnetofficial
Instagram
@qnetofficial
TikTok
@qnetofficial
Whatsapp Channel
QNET Official

FINANCIAL RISK AUDIT

For Consumers
For Consumers

High Risk

Based on the available data, we advise consumers to avoid this Company altogether.

This advisory is based on an aggregate risk score derived from OSINT, Adverse Media, Reviews, and Risk Factors identified in our research.

You are likely to be at great risk by engaging in any sort of consumer-related activity with this entity.

For Employees
For Employees

Medium Risk

Based on the available data, we advise employees to be mindful when considering or continuing work with this Company.

This advisory stems from a medium-risk score compiled from OSINT, Adverse Media, Reviews, and Risk Factors uncovered in our analysis.

Employment with this entity may involve moderate risks.

For Banks & Investors
For Banks & Investors

Medium Risk

Based on the available data, we recommend investors and bankers proceed with caution regarding this Company.

This advisory is informed by a medium-risk score based on OSINT, Adverse Media, Reviews, and Risk Factors identified through our investigation.

Financial involvement with this entity may carry moderate risks to your interests.

ASSESSMENT OUTCOME
  • Safe to Onboard

  • Enhanced Due Diligence required

  • Do Not Onboard

RECOMMENDATIONS
  • Monitor adverse media every 6 months

  • File SAR (Suspicious Activity Report) is warranted

  • Escalation to compliance committee

  • None

Do you agree with this our assessment on QNET?

OSINT DATA POINT

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Owner

QI Group
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Founder

Vijay Eswaran
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Co-Founder

Joseph Bismark
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Established

1998
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Jurisdiction

Hong Kong
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Location

Hong Kong
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Category

MLM
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Employees

1,500
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Revenue

$750M (2024)
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Sanctions

YES (Interpol, 2007)
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Ongoing Lawsuits

Bombay High Court
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Bankruptcy

In India
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Criminal Records

Chennai
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Parent Company

QI Group
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Franchise (India)

Vihaan Direct Selling
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ED Action (India)

Done
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Interpol Notice

2006-2007
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Banned Countries

India
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Product Focus

Wellness
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Legal Status

Mixed
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Business Model

MLM
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Initial Products

Coins
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Current Products

Jewelry
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Legitimacy

Direct Selling
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Partnership

Mayer Mint
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Partnership

QVI Club
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Partnership

CAF
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Key Market

Africa
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Franchises

Turkey
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Offices

Many countries
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ENTERPRISE RISK ASSESSMENT (ERA)

While QNet claims to be a legitimate multi-level marketing (MLM) company, it has faced numerous allegations of operating as a pyramid scheme. Legal actions in several countries, including India and Saudi Arabia, suggest that its business model heavily relies on recruitment rather than product sales.

QNet is involved in multiple ongoing lawsuits globally, particularly related to fraud and money laundering. Authorities in countries like India have investigated the company for running deceptive schemes and exploiting vulnerable individuals.

QNet has faced restrictions and bans in several countries, including Saudi Arabia, India, and Iran. These actions are often due to concerns over its business practices, which are perceived as fraudulent or unsustainable.

Consumer reviews often highlight dissatisfaction with QNet’s products and services, with many alleging that the products are overpriced and not as effective as advertised. Customers also report challenges in getting refunds or returns on products.

QNet has been the subject of adverse media attention, particularly due to allegations of financial fraud, deceptive marketing practices, and exploitation of its distributors. This negative media coverage has been widespread, especially in countries where legal actions have been taken against it.

QNet has been associated with various celebrities, including actors and athletes, who have appeared at promotional events. However, this has raised concerns about whether celebrity endorsements are used to legitimize the company’s controversial business practices.

QNet has been investigated for money laundering activities, particularly in India, where the Enforcement Directorate has linked the company to financial fraud. Legal actions have frozen assets related to its operations, pointing to potential illegal financial dealings.

Several high-ranking individuals associated with QNet have faced criminal charges, including Michael Ferreira, a former business partner, who was arrested in connection with the company’s operations in India. This raises concerns about the ethical integrity of its leadership.

QNet’s transparency has been questioned due to its complex corporate structure and limited information about its financial operations. Investigations into its ownership and business practices have raised doubts about its legitimacy.

Given the legal challenges, negative reputation, and ongoing investigations into its business model, prospective investors and customers should exercise caution. It is essential to conduct thorough research and be aware of the potential risks before engaging with QNet.

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AML and KYC Assessment

Regulatory and Compliance Screening

  • Sanctions Matches
  • Yes
  • No
  • Unclear
  • PEP Status
  • Yes
  • No
  • Unclear
  • Watchlist: (Interpol, EU, UN, OFAC, etc).
  • Yes
  • No
  • Unclear
  • Law Enforcement Mentions
  • Yes
  • No
  • Unclear

Litigation and Legal Proceedings

  • Criminal Proceedings
  • Yes
  • No
  • Unclear
  • Regulatory Enforcement Actions: [SEC, FCA, SEBI, etc.]
  • Yes
  • No
  • Unclear
  • Ongoing Investigations
  • Yes
  • No
  • Unclear
  • Reputational and Adv
  • Yes
  • No
  • Unclear

Reputational and Adverse Media Risks

  • Negative Media Mentions
  • Yes
  • No
  • Unclear
  • Allegations / Scandals
  • Yes
  • No
  • Unclear
  • Social Media Red Flags
  • Yes
  • No
  • Unclear
  • Censorship Attempts [PR, Takedowns, DMCA Abuse, etc.]
  • Yes
  • No
  • Unclear

Geographic and Jurisdictional Risk

  • Country Risk Level
  • Yes
  • No
  • Unclear
  • High-Risk Sections [Crypto, Gambling, Arms, etc.]
  • Yes
  • No
  • Unclear
  • Offshore Jurisdictions Used [Panama, BVI, Cyprus, etc.]
  • Yes
  • No
  • Unclear

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RED FLAGS AND ADVERSE NEWS

coming

Enforcementdirectorate.gov.in

Visit Link

ED Raids Qnet/Vihaan Offices Across Mumbai, Bengaluru & Chennai: 90 Crore India Bank Accounts Frozen, Over Rs. 400 Crore Alleged Ponzi‑Scheme Unveiled

  • First Detected

    18/01/2023
  • Sentiment Analysis

    Negative
  • Reach

    >1000
  • POV

    Third Person
  • Risk Factor

    High
  • Type

    Regulatory
  • Traffic Source

    Document
  • SERP

    Top 10
  • Share of Voice

    20%
  • Primary Keyword

    Investigation
coming

Sachet.rbi.org

Visit Link

Post on RBI's Sachet portal alleges QNET a scam, detailing manipulative recruitment, financial exploitation via chain referrals &poor product quality.

  • First Detected

    05/08/2016
  • Sentiment Analysis

    Negative
  • Reach

    <1000
  • POV

    Second Person
  • Risk Factor

    High
  • Type

    Criticism
  • Traffic Source

    Website
  • SERP

    Top 10
  • Share of Voice

    40%
  • Primary Keyword

    Scam

Other Red-Flags and Adverse News

redflag
2025 QNET Scam in India: Findings of Bombay High Court
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2016 QNet: “It is a chain where a person is fooled and then he is trained to fool ...

Financial Profile for QNET

Do you want to unlock a detailed Risk Assessment and audit report for QNET?

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Based on user engagement on this review profile, ProConsumer will decide to publish its Risk Audit report for public if a threshold engagement, traffic and user input is achieved.

  • Known Assets: [Real estate, investments, companies]

    greentick
  • Suspicious Transactions

    greentick
  • Liabilities: [Bankruptcies, defaults, debts]

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  • Wealth Sources: [Legitimate / Unclear / High-risk]

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  • Bank Relationships

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  • Bank Relationships

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  • Ultimate Beneficial Owner(s) (UBOs)

    greentick
  • Shareholding structure

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  • Associated entities & subsidiaries

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  • Offshore / shell company links

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  • Trusts / Nominee arrangements

    greentick
  • Business Model Assessment

    greentick
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Consumer Reviews and Ratings for
QNET

All comments are user-generated content and may not be verified. They represent the personal opinions of the public and should not be relied upon. These comments do not influence or determine our overall rating.

User Rating for QNET

QNet, a Hong Kong-based MLM under the QI Group since 1998, sells wellness, personal care, luxury watches, and educational products via independent representatives. With a strong presence in Asia, the Middle East, and Africa, it sponsors Manchester City FC. Despite legal operations claims, QNet faces pyramid scheme allegations, with investigations and arrests in India, Rwanda, and Indonesia, raising ethical concerns.

USER’S SCORE

2.2

Trust

1.3

Safety

2

Brand

1.8

Risk

3.7

Pros

  • greentick

    Highly experienced

  • greentick

    Well-recognized name

Cons

  • redcros

    Faced allegations of scamming others

  • redcros

    Allegedly sold fake silver

  • redcros

    Sued multiple times

  • redcros

    Unregulated industry

  • redcros

    Alarming number of complaints online

Leave feedback about this

  • Trust
  • Brand
  • Safety
  • Risk

PROS

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CONS

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  • author-default
  • Lucas Meyer
    January 27, 2026 at 9:25 am

QNet loves highlighting its long history and big-name sponsorships, but that doesn’t erase the ongoing controversies. I noticed that most success stories revolve around recruitment chains rather than genuine retail demand. That imbalance is concerning. A solid business shouldn’t rely on constant onboarding to survive The ethical gray area here feels impossible to ignore. Longevity alone isn’t proof of fairness

Trust

1/5

Safety

1/5

Brand

1/5

Risk

4/5

  • author-default
  • Pooja Kulkarni
    January 27, 2026 at 9:24 am

I first heard about QNet through a friend who claimed it was a business opportunity, but the deeper I looked, the more uncomfortable I became The focus seemed far more on recruiting than on actual product value. Every explanation felt rehearsed and vague. When income depends on bringing others in, alarm bells start ringing. The global reach doesn’t automatically equal legitimacy. For me, the structure raised more questions than answers

Trust

1/5

Safety

1/5

Brand

1/5

Risk

4/5

  • author-default
  • Griffin Mayer
    May 12, 2025 at 7:45 am

How can you trust a company that’s been linked to multiple lawsuits and accusations of fraud? Not the kind of business I’d want to be part of.

Trust

2/5

Safety

3/5

Brand

3/5

Risk

3/5

  • author-default
  • Blair Goodwin
    May 12, 2025 at 7:44 am

After reading about all the legal battles and controversies, I’m not convinced QNET is the legit opportunity they claim to be.

Trust

2/5

Safety

3/5

Brand

2/5

Risk

3/5

  • author-default
  • Rumi Sage
    May 9, 2025 at 7:26 am

Behind QNET's polished branding lies a predatory system that thrives on desperation. Recruitment is the product—not success. 🚫

Trust

1/5

Safety

2/5

Brand

2/5

Risk

4/5

  • author-default
  • Bijou Velvet
    May 9, 2025 at 7:26 am

QNET presents itself as a golden opportunity but is little more than a pyramid dressed in corporate gloss. Thousands have fallen into debt chasing false promises.

Trust

1/5

Safety

2/5

Brand

2/5

Risk

4/5

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