Police apprehends Crypto trader BLord over alleged terrorism funding, hands him to FCID for questioning
A cryptocurrency and bitcoin trader, Linus Williams, known to many as BLord, has been apprehended by Nigerian Police Force (NPF) over allegations of cryptocurrency fraud, aiding internet fraud, computer-related fraud, terrorism funding, and non-compliance with regulatory frameworks issued by the Central Bank of Nigeria (CBN).
This has triggered the involvement of the Federal Criminal Investigation Department (FCID), which is also known as NPF-NCCC. It is currently investigating complaints lodged against Blord Group, Blord Real Estate Ltd, Blord Jetpaye Limited, and Billpoint Technology, all owned by the suspect, as revealed in a Police press release posted on Facebook on Tuesday, July 16.
The press release dated July 16, 2024, and signed by the Force Public Relations Officer (FPRO), ACP Olumuyiwa Adejobi, was titled; “Alleged Fraud, Violation Of CBN Act, Police Interrogate CEO BLord Group Of Companies, Linus Williams”.
The post read: “The FCID (NPF-NCCC) is currently investigating complaints lodged against BLORD GROUP, BLORD REAL ESTATE LTD, BLORD JETPAYE LIMITED, and BILLPOINT TECHNOLOGY. These offenses include allegations bothering on cryptocurrency fraud, aiding internet fraud, computer-related fraud, terrorism funding, and non-compliance with regulatory frameworks.”
In promising to do a thorough investigation, the Police Force further wrote, “We will do due diligence in our investigations. Our cyberspace in Nigeria must be safe and secured by all means. We are committed to achieving that.”
