QNET Reports Scam Exploiting Corporate Foundation in Nigeria

QNET, a global lifestyle and wellness-focused company, has been at the forefront of the direct selling industry for over two decades. The company officially entered the Nigerian market through a notable partnership with Transblue Limited, which appointed it its partner and representative in Africa.

“QNET has faced controversies in certain countries, including Nigeria, with allegations of being a pyramid scheme. We have consistently and will continue to maintain that we are a legitimate business model,” stated Biram Fall, regional general manager of sub-Saharan Africa.

The company has recently reported a disturbing trend of scams exploiting the name of its corporate social responsibility arm, the RYTHM Foundation, in Nigeria. These scams involve individuals setting up fake offices and offering illegitimate job opportunities under the guise of the foundation, tricking unsuspecting job seekers into paying fees for nonexistent positions. In one incident, an individual in Port Harcourt used online ads to solicit job applications. This led to the perpetrator’s arrest after a job seeker verified the ad’s legitimacy by contacting the foundation directly.

Despite numerous challenges and misconceptions, the company has consistently demonstrated its commitment to ethical business practices and consumer empowerment. Utilizing an e-commerce-powered direct selling platform, it offers a diverse range of products that promote health, wellness, and overall well-being. This robust business model differentiates QNET from pyramid schemes and other fraudulent practices often associated with the direct-selling industry.

QNET participated in the Lagos State Consumer Protection Agency Conference and Exhibition held on March 15, 2024, to mark World Consumer Rights Day. During the conference, the company highlighted its efforts to empower consumers through educational campaigns and awareness programs, including the implementation of an electronic know your customer initiative, publishing warnings on its corporate platforms, and launching a dedicated complaint mechanism.

How QNET Is Taking Aim Against Scams in Nigeria

To combat these fraudulent activities, the company has taken several proactive measures. The company promptly reports any fraudulent activities to the relevant authorities. This collaboration has led to the apprehension of several perpetrators, helping to mitigate the spread of scams. Additionally, it has launched comprehensive social awareness campaigns to educate the public about distinguishing legitimate direct-selling opportunities from scams. For instance, the company’s three-month awareness campaign in Nigeria utilizes advertising techniques to reach a broad audience through outdoor advertising, traditional media channels, social media, and forums like Nairaland.

The lifestyle and wellness company has established the Direct Selling Disinformation Centre to further protect consumers. This platform is a valuable resource for identifying and reporting fraudulent activities within the direct selling industry, providing accurate information to help consumers make informed decisions. Establishing the DSDC highlights its commitment to combating misinformation and protecting consumers. This provides a reliable source of information for individuals seeking to understand the direct selling industry better and avoid scams.

The company has also set up compliance hotlines to facilitate the reporting of scams, such as the QNET Compliance WhatsApp Hotline for sub-Saharan Africa. This direct line of communication allows individuals to verify the legitimacy of job offers and other business opportunities associated with QNET.

QNET’s History in Nigeria

Since its inception in 1998, QNET has offered aspiring entrepreneurs a viable business model. The company has a significant presence in Nigeria, contributing to the country’s economy and promoting entrepreneurship. By joining the company as independent representatives, individuals can earn commissions through the direct sale of products, while gaining financial independence without the need for significant capital investment.

The company has undertaken several community development projects in Nigeria through the RYTHM Foundation. These initiatives focus on education, health, and sustainable community development, aligning with the foundation’s mission to raise communities to high living standards and empower them.

Recognizing the importance of informed consumerism, it has invested in educational campaigns to spread awareness about the benefits of direct selling and identifying fraudulent schemes. These campaigns include the “Say No Campaign” and other public awareness initiatives that aim to protect individuals from scams.

The company has implemented several significant initiatives in Nigeria to support its mission of improving lives and promoting ethical business practices, such as its signature financial literacy program, FinGreen, in partnership with Transblue.

Launched to foster brand recognition and enhance consumer protection, QNET’s social awareness campaign in Nigeria utilizes a strategic mix of advertising techniques to engage and educate the Nigerian audience. This campaign is crucial in equipping Nigerians with the tools to differentiate between legitimate offerings from QNET and fraudulent schemes.

The company’s efforts to combat fraud and protect consumers in Nigeria reflect its dedication to ethical business practices and consumer empowerment. “QNET’s social awareness campaign in Nigeria is a crucial step in equipping Nigerians with the tools to differentiate between legitimate offerings from QNET and fraudulent schemes, ultimately creating a safer and more informed consumer landscape,” stated Fall. “Beyond safeguarding consumers, this campaign also serves as an introduction to the diverse range of lifestyle and wellness products that QNET provides, aimed at enhancing the quality of life for individuals and families across the country.”