Police Confirm Arrest Of Crypto Trader, Blord Over Alleged Fraud, Terrorism Funding

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Police confirm arrest of crypto trader, Blord over alleged fraud, terrorism funding

The Nigerian Police Force National Cybercrime Center (NPF-NCCC) has confirmed the arrest of crypto billionaire Linus Williams, popularly known as BLord.

BLord is facing multiple serious allegations, including cryptocurrency fraud, aiding internet fraud, computer-related fraud, terrorism funding, and failure to comply with regulatory frameworks.

In a detailed statement, the NPF-NCCC revealed:

“ALLEGED FRAUD, VIOLATION OF CBN ACT, POLICE INTERROGATES CEO BLORD GROUP OF COMPANIES, LINUS WILLIAMS”.

“The FCID (NPF-NCCC) is currently investigating complaints lodged against BLORD GROUP, BLORD REAL ESTATE LTD, BLORD JETPAYE LIMITED, and BILLPOINT TECHNOLOGY.”

“These offences include allegations bothering on cryptocurrency fraud, aiding internet fraud, computer-related fraud, terrorism funding, and non-compliance with regulatory frameworks.”

“We will do due diligence in our investigations. Our cyber space in Nigeria must be safe and secured by all means. We are committed to achieving that.”

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