China-bound fugitive arrested in Ogun over $245m Ponzi scam
Fugitive arrested in Ogun over $245m Ponzi scam

The Nigeria Police Force (NPF), through the INTERPOL National Central Bureau (NCB) Abuja, has arrested and repatriated a Chinese fugitive, Xu Qing, over his alleged involvement in a $245 million Ponzi scheme. In a statement issued on Thursday, the police said the suspect was declared wanted by authorities in Beijing for allegedly masterminding a large-scale financial fraud involving the illegal collection of public deposits valued at more than $245 million.

Escape to Nigeria

According to the police, investigations revealed that Xu Qing fled to Nigeria on November 5, 2024, in an attempt to evade arrest in China. The Force said a warrant for his arrest was subsequently issued on November 12, 2025, by the Shinan Sub-Bureau of the Qingdao Public Security Bureau.

Surveillance and Arrest

Acting on intelligence and sustained surveillance operations, INTERPOL operatives attached to the NCB Abuja tracked the fugitive to a factory located in Olowotedo, Siun Village, in Obafemi Owode Local Government Area of Ogun State. He was arrested on April 24, 2026.

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Repatriation to China

The police disclosed that Xu Qing was repatriated to the People’s Republic of China on April 28, 2026, under existing bilateral policing arrangements, where he is expected to face prosecution over the alleged fraud.

IGP's Commitment

The Inspector-General of Police, Olatunji Rilwan Disu, reaffirmed the commitment of the Nigeria Police Force to strengthening international collaboration in tackling transnational organised crime. He stressed that Nigeria would not serve as a safe haven for financial criminals and other fugitives seeking to evade justice. The IGP also advised Nigerian businesses and employers to carry out proper background checks, including police verification, before engaging foreign nationals.

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