Operatives of the Nigeria Police Force have arrested Linus Williams Ifejika, a 25-year-old crypto billionaire, entrepreneur, and businessman from Umuji Ebenebe, Awka North, Anambra State, popularly known as BLord. He was apprehended in Abuja on Tuesday following allegations of cryptocurrency fraud, terrorism funding, and aiding internet fraud, among other charges against his companies.
In an interview with our correspondent, Force spokesperson Muyiwa Adejobi confirmed the arrest, citing complaints against BLord's enterprises. Adejobi assured that the police would conduct a thorough investigation into the matter.
“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,” Adejobi stated. “These offenses 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.”
Adejobi also denied that Blord's arrest was prompted by a petition from Martins Otse, popularly known as VeryDarkMan.
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… pic.twitter.com/u5GH0cano5— Prince Olumuyiwa Adejobi (@Princemoye1) July 16, 2024
