ICYMI: Crypto Trader, BLord Arrested by Nigeria Police for ‘Fraud, Terrorism’

ICYMI: Crypto Trader, BLord Arrested by Nigeria Police for 'Fraud, Terrorism'

BLord Arrested for ‘Fraud, Terrorism’

The Force Criminal Investigation Department (FCID) of the Nigerian Police Force-National Cybercrime Centre (NPF-NCCC) has announced a major investigation into serious allegations against BLORD GROUP, BLORD REAL ESTATE LTD, BLORD JETPAYE LIMITED, and BILLPOINT TECHNOLOGY. These companies are owned by popular Instagram celebrity Linus Williams, famously known as BLord.

The allegations against him and his companies include cryptocurrency fraud, aiding internet fraud, computer-related fraud, terrorism funding, and non-compliance with regulatory frameworks.

In a statement, ACP Olumuyiwa Adejobi, the Force Public Relations Officer, emphasized the seriousness of the charges: “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 cyberspace in Nigeria must be safe and secure by all means. We are committed to achieving that.”

His legal team has denied the allegations, calling them baseless and unfounded. They have vowed to challenge the arrest and charges in court, asserting that their client is a legitimate businessman who has always operated within the confines of the law.

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The investigation reflects the Nigerian Police Force’s commitment to combating financial crimes and ensuring the safety and security of the nation’s cyberspace. As the investigation proceeds, the public awaits further details on the findings and any potential legal actions that may follow.