The Maharashtra Protection of Interest of Depositors (MPID) court on Wednesday sent the former billiards world champion Michael Ferreira and three others to seven-day of police custody in the QNetcheating case.

Ferreira, Malcolm Desai and two ex-directors of Vihaan Direct Selling India Pvt Ltd (sub-franchisee of QNetin India) were arrested by the Economic Offences Wing (EOW) of Thane Police on Tuesday and produced before the MPID court on Wednesday. The EOW sought seven days of custody to proceed with the investigation for allegedly cheating a chartered accountant of Rs 25,00,000 over three years ago. Allegedly, the accused lured the complainant with high returns on his investment but paid nothing in return.

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