Nigerian police arrest Blord CEO Linus Williams for cryptocurrency fraud and terrorism links, sparking national scrutiny over financial crimes and cyber security.
The Nigerian police have confirmed the arrest of Linus Williams, CEO of Blord group of companies, over allegations including cryptocurrency fraud, aiding internet fraud, and suspected terrorism funding.
The arrest was announced by Force Public Relations Officer, ACP Olumuyiwa Adejobi, who stated that the Financial Crimes Investigation Department (FCID) is investigating Blord Group and associated entities for various offenses.
These include non-compliance with CBN regulations and computer-related fraud. Adejobi emphasized the police's commitment to securing Nigeria's cyberspace, ensuring thorough investigations into the allegations.
The arrest underscores ongoing efforts to combat financial crimes and maintain regulatory compliance in Nigeria's digital economy landscape.
