Connect with us

Hi, what are you looking for?

News

Police arrest crypto trader, Blord over alleged fraud, terrorism funding

Nigeria Police Force has arrested a popular crypto trader, Linus Williams, popularly known as BLord.

Blord was arrested in Abuja on Tuesday, July 16, following allegations of cryptocurrency fraud, terrorism funding, and aiding internet fraud among others against his companies.

The Force spokesperson, Muyiwa Adejobi, announced on X that he was arrested due to complaints against his companies.

He wrote: “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.”

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

ad

You May Also Like

News

Brazil has officially announced Nigeria’s admission as a partner country in the BRICS alliance. The Brazilian Foreign Ministry made the announcement, welcoming the Nigerian...

News

Dangote Petroleum Refinery has announced an adjustment in its pricing structure for Premium Motor Spirit (PMS), also known as petrol. In a notice issued...

News

The equity market rebounded on Thursday from its previous session’s loss, gaining N53 billion. Investor interest in key stocks such as Dangote Cement, FBN...

News

The 2023 Subscriber/Network Performance Report of the Nigerian Communications Commission (NCC) has shown that consumers’ telecommunication spending hit N5.30 trillion in 2023. The recent...