According to Quote investigation, the Dutch Fiscal Information and Investigation Service (FIOD) has conducted raids on the homes of two men, aged 55 and 51, in Heerlen and Lunteren as part of an investigation into Edward Meijers and Henri L., founders of the international cryptocurrency company Qommodity. According to informed sources speaking to Quote, the authorities have seized documents during these raids. The FIOD is investigating the founders for fraud, money laundering, and forgery. The investigation was initiated following reports from the Dutch Authority for the Financial Markets (AFM), which had conducted preliminary investigations after receiving alerts from various banks. These investigations suggest that the funds invested with Qommodity were likely used for personal expenditures by Edward Meijers and Henri L., contrary to what was reported by the company. The company, which is involved in monetizing commodities in Sierra Leone through a cryptocurrency model, allegedly misled investors into buying tokens, purportedly to enrich themselves deceitfully. This deception includes suspected falsification of reports about their investment offerings, exaggerating potential profits.