Crypto Billionaire 'BLord' Arrested for Fraud, Terrorism Ties
Police Arrest 'BLord', Crypto Billionaire, for Fraud and Terrorism Offenses
Police confirm the crypto billionaire BLord's arrest due to fraud and terrorism-related issues...
Police arrest crypto billionaire BLord for fraud and terrorism offenses, including cryptocurrency fraud, terrorism financing, and internet fraud, with a thorough investigation underway to ensure Nigeria's cyberspace is safe and secure.
Nigerian Police Force agents have taken Linus Williams, a cryptocurrency billionaire commonly referred to as BLord, into custody.
On Tuesday, July 16, BLord was arrested in Abuja, facing allegations of cryptocurrency fraud, financing terrorism, and facilitating internet fraud, along with other charges levied against his companies.
According to Muyiwa Adejobi, a spokesman for the Force, several accusations against BLord's companies preceded the arrest.
He gave his word that the police would look into the situation thoroughly.
Adejobi stated, “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.”
Additionally, he refuted the claim that Martins Otse, better known online as VeryDarkMan, was the petitioner that led to BLord's detention.
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