Rs 425-cr QNet scam: Michael Ferreira denies fraud charge

Former world billiards champion Michael Ferreira, who was summoned by Mumbai Police in connection with the Rs 425-crore scam allegedly committed by multi-level marketing firm QNet, today trashed the allegations against him of defrauding people.
Ferreira, who has gone abroad some time back, said he would appear before the investigators as soon as he returns to India. He even defended the controversial company.
The Padma Bhushan awardee said "three to four days ago, the summons were received at my home (in Mumbai) in my absence. I am abroad now. The summons were handled by my lawyer and I understand he is co-operating fully."

Responding a query, he said "of course, I shall make myself available (before the Economic Offences Wing of the Mumbai police). I have the highest regard and respect for the police. As soon as I am cleared to travel, I will appear before the EOW. I am undergoing a lot of stress at the moment."
The winner of the World Amateur Billiards Championship described as "outrageous, malicious and untruthful" the allegations against him of defrauding people through QNet.
"The company has a book of goods and service which offers to customers. Then where is the question of anyone defrauding anyone, leave alone me? How I defrauded anyone. Customers, who are interested in the products, they can buy. If not, then no need to buy. I have not approached anyone and forced anyone.