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Reading: Police Arrest Crypto Billionaire Blord Over Terrorism Funding, Internet Fraud
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Fresh FM Nigeria| Keeping you fresh all day > Blog > News > Police Arrest Crypto Billionaire Blord Over Terrorism Funding, Internet Fraud
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Police Arrest Crypto Billionaire Blord Over Terrorism Funding, Internet Fraud

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Last updated: July 16, 2024 12:10 PM
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Linus Williams, also known as BLord, is a crypto billionaire who was taken into custody by Operatives of Nigeria Police Force.

Following accusations of cryptocurrency fraud, terrorism funding, and aiding internet fraud, among other offences against his firms, Blord was taken into custody in Abuja on Tuesday.

The Force spokesperson, Muyiwa Adejobi, claimed he was arrested as a result of allegations made against his firms.

He assured that a thorough investigation would be conducted by the police.

Adejobi said, “Yes, we have him with us. 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 investigation. Our cyberspace must be safe and secure by all means. We are committed to achieving that.”

He refuted the claim that Martins Otse, also known as VeryDarkMan, was the source of the petition that prompted Blord’s detention.

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