[Resolved]  Qnet — MUMBAI POLICE, CRIME BRANCH MAKES FIRST ARREST IN QNET CASE/FIR

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Mumbai City, Maharashtra

http://timesofindia.indiatimes.com/city/mumbai/EOW-makes-first-arrest-in-QNet-case/articleshow/21898062.cms
MUMBAI: The economic offences wing (EOW), on Saturday, made the first arrest in the QNet case. Bandra-based Manjunath Hegde (52) was arrested for cheating and was remanded into police custody till August 22. The EOW is probing a suspected fraud committed by the firm. Two teams were sent to Bangalore and Chennai for investigations into this case.

"Hegde, who is an advertiser by profession, was arrested from his Bandra residence. We searched his house and seized computer hard disc and several incriminating documents which will be produced in the court. There are some payment/commission receipts among the documents," said an investigator, adding that Hegde had attended several seminars conducted by the firm in Indian and Malaysia. The police suspects Hegde to be linked to Vijay Esvaran, the prime accused in QNet case.

Ajay Chanam, official spokesperson of QNET in India, in a statement said, "We do not commit any magical cures and the scientific properties of the Bio-Disc available on our website and duly certified by relevant agencies. We do not have a control on how some distributors represent it and do not hesitate to take strict action on anyone found to be doing so. We also don't force anyone to join our network and commissions are not linked to people joining the network, rather sale of products."

A Lokhandwala resident, Gurupreetsing Anand, 40, who is a a computer consulatant, lodged an FIR with the police. He stated that his wife was duped of Rs 30,000 by some independent representatives of QNet. "They had said that one of the bio-products my wife bought could be used to treat my 12-year-old son's brain related diseases," Anand told police. QNet is being probed for allegedly duping thousands of investors by selling them plastic and glass products terming them miraculous objects for treating severe diseases like Cancer, said police. Police said that the company lured investors with various schemes with an investment between Rs 30,000 and Rs 7 lakh.