Police Confirm Arrest of Crypto Trader Blord on Multiple Charges
The Nigerian Police Force has confirmed the arrest of businessman and cryptocurrency trader Linus Williams, known as Blord. Force spokesperson Olumuyiwa Adejobi disclosed this in a statement on Tuesday, July 16, detailing the charges against Blord and his companies.
Blord was arrested in Abuja on Monday, July 15, following allegations of cryptocurrency fraud, terrorism funding, and aiding internet fraud. The police emphasized their commitment to thoroughly investigate the matter and ensure the security of Nigeria’s cyberspace.
Adejobi shared via his social media page:
“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 of 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 cyberspace in Nigeria must be safe and secured by all means.”
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… pic.twitter.com/u5GH0cano5
— Prince Olumuyiwa Adejobi (@Princemoye1) July 16, 2024
