In a dramatic turn of events, Linus Williams, the billionaire founder of BLord Group, has been arrested by the Nigeria Police Force in Abuja. The arrest comes on the heels of serious allegations of cryptocurrency fraud, terrorism funding, and internet fraud against his companies.
According to Force spokesperson Muyiwa Adejobi, the arrest was prompted by multiple complaints filed against BLord's companies, including Blord Group, Blord Real Estate Ltd, Blord Jetpaye Limited, and Billpoint Technology. The FCID (NPF-NCCC) is currently conducting a thorough investigation into the allegations, which include:
- Cryptocurrency fraud
- Aiding internet fraud
- Computer-related fraud
- Terrorism funding
- Non-compliance with regulatory frameworks
Adejobi assured that the police will leave no stone unturned in their investigation, promising to ensure the safety and security of Nigeria's cyberspace. He also clarified that the arrest was not prompted by a petition from Martins Otse, aka VeryDarkMan.
This development highlights the increasing scrutiny of cryptocurrency transactions in Nigeria and the government's commitment to combating fraud and terrorism. As the investigation unfolds, many are watching with bated breath, eager to see the outcome.
- BLord arrested in Abuja over fraud and terrorism links
- Allegations against his companies include cryptocurrency fraud, terrorism funding, and internet fraud
- FCID (NPF-NCCC) is investigating the complaints
- Police promise thorough investigation to ensure cyberspace safety
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