‘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.

Stay informed with NewsBoulevard

Get the latest news summaries delivered to your inbox

Related News

Business & EconomyDemocratic Republic of the Congo

actualite.cd•25m ago

The New Bosses

TV5MONDE and WeMake Productions announced the second season of 'Les Nouveaux Boss', a pan-African competition focused on entrepreneurship, which will emphasize the structuring of sustainable businesses. Nearly 1,000 applications were received, and 16 candidates will be selected after pre-selection phases in several countries. Candidates will be evaluated on their market knowledge, development strategy, and job creation capacity. This season also introduces new features, such as an expanded range of sectors and the option to pitch in pairs.

Concrete case? Govt probing 90% Moz cement dumping margin

PoliticsBusiness & EconomySouth Africa

Karl Gernetzky•27m ago

Concrete case? Govt probing 90% Moz cement dumping margin

The South African government has initiated an investigation into a 90% dumping margin concerning cement imported from Mozambique. This inquiry aims to assess whether the imports of Mozambican cement are harming the local industry. Authorities are reviewing trade practices to protect South African producers.

$156m Peter Obi left in Anambra coffers enough to clear alleged N127m debts - Rufai Oseni

PoliticsBusiness & EconomyNigeria

Matthew Atungwu•28m ago

$156m Peter Obi left in Anambra coffers enough to clear alleged N127m debts - Rufai Oseni

Rufai Oseni stated that the $156 million left by Peter Obi in the Anambra State Government coffers is sufficient to settle the alleged N127 million debts. He made this assertion during Arise Television's 'Morning Show'. In response, Peter Obi released handover documents to counter claims by Governor Chukwuma Soludo regarding loans and financial liabilities left behind.

Stay Updated with NewsBoulevard

Subscribe to our newsletter for the latest news summaries delivered to your inbox

Learn more