Blord faces grave allegations of fraud as Police confirm arrest

The Nigerian Police Force National Cybercrime Center (NPF-NCCC) has confirmed the arrest of crypto billionaire Linus Williams, popularly known as BLord.

The announcement was made by Force Public Relations Officer ACP Olumuyiwa Adejobi via the official X page.

BLord is facing multiple serious allegations, including cryptocurrency fraud, aiding internet fraud, computer-related fraud, terrorism funding, and failure to comply with regulatory frameworks.

His detention follows a petition submitted by a social media activist, VeryDarkMan which prompted police action.

In a detailed statement, the NPF-NCCC revealed:

“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 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 cyber space in Nigeria must be safe and secured by all means. We are committed to achieving that.”

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