‘Prof Carl’ and the failed 2025 investment scheme that preceded QVSE

Author: businessdailyafrica.comPublished on: September 18, 2026Country: Kenya

Business & Economy

‘Prof Carl’ and the failed 2025 investment scheme that preceded QVSE

Carl Grindan, the person behind the QVSE investment scheme, also ran a similar scheme, PCEX, last year under the Global Investment Group (GIG). This scheme also collapsed, leaving millions of shillings of Kenyans' money trapped on the platform. Both schemes resulted in significant financial losses for investors.

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