By Felicia Odom 6.5.2026
A Chinese fugitive wanted in his own country for an alleged involvement in a $245m Ponzi scheme has been arrested by the Nigeria Police Force and repatriated.
The suspected identified as Xu Qing who has been on the INTERPOL list was tracked down and arrested in a factory located in Olowotedo, Siun Village, Obafemi Owode Local Government Area of Ogun State on April 24, 2026, after he fled to Nigeria on November 5, 2024.
Nigeria Police Force spokesperson Anthony Placid said in a statement Wednesday that his arrest followed request from the Chinese authorities who had declared him wanted.
“National Central Bureau Abuja has successfully arrested and repatriated a Chinese fugitive, Xu Qing, to the People’s Republic of China to face charges related to large-scale illegal absorption of public deposits through a Ponzi scheme.
“The repatriation followed a formal request from Chinese authorities, who declared the suspect wanted in Beijing for his alleged involvement in a financial fraud scheme estimated at over $245,000,000.
“The suspect was repatriated to the People’s Republic of China on 28th April 2026 through bilateral police cooperation arrangements to face prosecution for the offences.”