QFON Ponzi App Scammers Arrested in India
Two key suspects linked to the QFON MLM Ponzi scheme have been arrested by Indian authorities.
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Arrest Details
Sudhir Dalsukhbhai Kotadiya and Santibhai Kotadiya were arrested on March 11, 2026. Indian authorities have charged a total of twelve suspects in the case. The duo was caught while attempting to re-enter India through Nepal after fleeing to Dubai.
About the QFON Scam
QFON App was launched in 2020 under the original name AppBull. It promised investors high monthly returns of 2% to 10%, claiming the profits came from advertising revenue. In reality, authorities say these returns were fictional.
The app used a multi-level marketing (MLM) referral system and aggressive digital marketing to attract thousands of victims. Investigators allege the operators stole over 200 million INR (approximately $20.6 million USD) through the fraudulent scheme.
Money Trail and Investigation
The Enforcement Directorate (ED) has traced funds through more than 58 bank accounts and third-party entities. Over Rs 40 crore moved through banking channels, while another Rs 23 crore was routed via Angadiya operators. Officials believe the actual amount could be much higher.
During raids at 18 locations in Gujarat and Maharashtra, the ED seized cash worth Rs 2.51 crore along with important documents and digital evidence. The agency has also attached assets worth over Rs 32 crore, including properties and fixed deposits held in the names of family members and associates.
