In Côte d’Ivoire, the Economic and Financial Crimes Court (PPEF) has permanently shut down the operations of QNET Africa Development Market (QNET ADM). Established in 2018, the entity fell into the hands of justice and was accused of serious offenses. According to the prosecution, QNET Africa Development Market is guilty of fraud and money laundering. Based on these allegations, the prosecutor's representative requested a five-year prison sentence and a fine of 10 million FCFA for the defendants.
The court's verdict was handed down this Thursday, July 30, 2026, in the QNET ADM case. In its ruling, the court ordered the permanent closure of the company and sentenced it to pay a fine of three billion CFA francs. Individuals arrested and identified as the pioneers of QNET ADM in Côte d'Ivoire received heavy sentences. Terms range up to five years in prison, with fines reaching hundreds of millions of FCFA. The court also ordered the seizure of assets belonging to the company and its executives.
The company's troubles began when the Ministry of Finance decided to verify the legal existence and transparency of the activities conducted by QNET ADM. Company officials were summoned to provide proof of QNET ADM's legal status and the authorizations justifying its various activities. The court's verdict is clear and supports the argument of those who have always considered it a shell company, masterminding a vast organized scam at the expense of the population.
The modus operandi is practically the same in every country where the company operates. According to the prosecution, it disguises itself behind product sales; however, in reality, its operation resembles a "Ponzi scheme." To lure victims, the company deploys a communication and network marketing strategy broadcasting promises of social success.
Once individuals join the network at a financial cost, they realize the deception. But it is often too late to turn back. Stripped of financial resources and travel documents, they are forced to play along with the network leaders. Despite the unpleasant living conditions in which they are kept, most do not find it appropriate to return home. Brainwashing makes them believe they will eventually become rich as long as they remain in the network.
An Ivorian MP cited in the case
The QNET ADM case has not yet reached its conclusion. The PPEF has handled the cases of eight defendants, but the file is not entirely closed. The name of a Member of Parliament has been cited, and the justice system does not intend to let it slide. However, for now, he is protected. Proceedings will be initiated to lift immunity barriers so that he can be heard and, if necessary, tried like all other defendants.