QNET Promoter Dig Vijay Singh Arrested in ₹10,000 Crore MLM Fraud

Hyderabad Police arrested QNET promoter Dig Vijay Singh at Delhi airport in connection with an alleged ₹10,000 crore MLM fraud.

How Was Singh Arrested?

Singh was arrested at Indira Gandhi International Airport in Delhi on October 17 following a Look Out Circular issued by Hyderabad Police. The Central Crime Station (CCS) of Hyderabad’s Detective Department took custody of Singh at the airport police station in connection with the ongoing investigation. Police seized two mobile phones from him and said they would seek further custody for questioning.

FCRF Launches CP-FRM to Build India’s Next Generation of Fraud Risk Professionals

How Did the Alleged Fraud Operate?

Investigators allege that the network associated with QNET and Vihaan Direct Selling (India) Pvt Ltd used multi-level marketing arrangements, binary business models and e-commerce activities to attract investors. Participants were allegedly encouraged to invest substantial amounts with promises of high returns.

According to CCS officials, Singh was a key member of the QNET network who promoted investment opportunities through Zoom meetings and social media platforms. Police suspect that the alleged scheme involved financial transactions worth approximately ₹10,000 crore, with potentially lakhs of victims across India.

What Has the Investigation Revealed?

Police have examined 43 victims and frozen a bank account belonging to Vihaan Direct Selling (India) Pvt Ltd containing approximately ₹4 crore.

Investigators are examining the roles of promoters, associates and suspected international connections. They are also investigating whether operations were coordinated from Dubai, alongside promotional activities conducted in India and other countries. Multiple cases connected with the suspected network have reportedly been registered across the country.

What Charges Have Been Registered?

The Hyderabad case includes Sections 318(4), 316(2) and 61(2) of the Bharatiya Nyaya Sanhita, covering cheating, criminal breach of trust and criminal conspiracy. Police have also invoked Section 5 of the Telangana Protection of Depositors of Financial Establishments Act and Sections 3, 4, 5 and 6 of the Prize Chits and Money Circulation Schemes (Banning) Act.

Investigators are continuing to trace the alleged financial network and establish the roles of those involved.

The arrest brings renewed attention to allegations involving investment promises, recruitment-based business models and suspected cross-border coordination. The ₹10,000 crore figure remains a police estimate, while the investigation must establish the actual financial losses and individual responsibility.