Nigerian police arrested and extradited Chinese fugitive Xu Qing, wanted in China for orchestrating a $245 million Ponzi scheme, after tracking him to an Ogun State factory.
Nigerian police have arrested and repatriated a Chinese fugitive, Xu Qing, to China to face charges linked to a $245 million Ponzi scheme involving the illegal absorption of public deposits.
According to Force Public Relations Officer DCP Anthony Okon Placid, Chinese authorities formally requested the suspect’s extradition after he fled to Nigeria on November 5, 2024. An arrest warrant was subsequently issued by the Shinan Sub-Bureau of Qingdao Public Security in November 2025.
INTERPOL NCB Abuja operatives tracked and arrested Xu Qing at a factory in Olowotedo, Ogun State on April 24, 2026. He was repatriated four days later through bilateral police cooperation arrangements.
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