The Nigeria Police Force (NPF) has announced the arrest and repatriation of a Chinese national, Xu Qing, over his alleged involvement in a $245 million Ponzi scheme.
In a statement posted on its official X handle on Wednesday, the police said the operation was carried out through the INTERPOL National Central Bureau (NCB) Abuja following a request from authorities in the People’s Republic of China.
According to the statement, the suspect was declared wanted in Beijing for allegedly orchestrating a large-scale financial fraud involving the illegal absorption of public deposits, estimated at over $245 million.
Investigations revealed that Xu Qing 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.
Acting on intelligence and sustained surveillance, operatives of INTERPOL NCB Abuja tracked and arrested the fugitive at a factory in Olowotedo, Siun Village, within Obafemi Owode Local Government Area of Ogun State on April 24, 2026.
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The suspect was later repatriated to China on April 28, 2026, under bilateral police cooperation arrangements to face prosecution.
Reacting to the development, the Inspector-General of Police, Olatunji Rilwan Disu, reaffirmed the commitment of the NPF to strengthening international collaboration in tackling transnational organised crime.
He also advised Nigerian employers and businesses to carry out proper background checks, including verification through law enforcement agencies, before engaging foreign nationals.
The police reiterated their resolve to ensure that Nigeria does not become a safe haven for fugitives and to continue collaborating with global partners in combating financial crimes and other cross-border offences.