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Home»News»Nigerian crypto billionaire arrested over fraud, terrorism links
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Nigerian crypto billionaire arrested over fraud, terrorism links

Daily News HubBy Daily News HubJuly 16, 2024No Comments
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Police, on Tuesday, arrested a crypto billionaire, Linus Williams, popularly known as BLord.

Blord was arrested in Abuja following allegations of cryptocurrency fraud, terrorism funding, and aiding internet fraud, among others, leveled against his companies.

Force Public Relations Officer, ACP Muyiwa Adejobi, said BLord was arrested following complaints bearing on fraud and terrorism links against his companies.

The FPRO promised that the police would thoroughly investigate the matter.

According to Adejobi, “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.”

The police spokesperson denied that the petition that led to Blord’s arrest was from one Martins Otse, popularly known as VeryDarkMan.

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