2 months ago
5
The police said the group was involved in cryptocurrency fraud, aiding internet fraud, computer-related fraud, terrorism funding, and non-compliance with regulatory frameworks.
Reading Time: 1 mins read
The Nigerian Police Force (NPF) has commenced the investigation of a group of companies in Nigeria for alleged fraud and violation of the CBN Act.
The Force spokesperson, Oluwamuyiwa Adejobi, said this in a statement on Tuesday in Abuja.
Mr Adejobi said the FCID (NPF-NCCC is investigating Blord Group, Blord Real Estate Ltd, Blord Jetpaye Limited, and Billpoint Technology on allegations bordering on cryptocurrency fraud, aiding internet fraud, computer-related fraud, terrorism funding, and non-compliance with regulatory frameworks.
B Lord [PHOTO CREDIT:He’s X handle https://x.com/realbitcoinlord/status/1805358589286269118/photo/1]
He gave the name of the Chief Executive Officer of the companies as Linus Williams.
Although, the police spokesperson did not give detailed background of the companies, research by PREMIUM TIMES revealed that Blord Group deals in cryptocurrency trading, and comprises other investments like the Blord Luxury Store, Blord Autos, and a property company.
Read the full statement below
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 include allegations bothering on cryptocurrency fraud, aiding internet fraud, computer-related fraud, terrorism funding, and non-compliance with regulatory frameworks.
Nigerians need credible journalism. Help us report it.
PREMIUM TIMES delivers fact-based journalism for Nigerians, by Nigerians — and our community of supporters, the readers who donate, make our work possible. Help us bring you and millions of others in-depth, meticulously researched news and information.
It’s essential to acknowledge that news production incurs expenses, and we take pride in never placing our stories behind a prohibitive paywall.
Will you support our newsroom with a modest donation to help maintain our commitment to free, accessible news?
READ ALSO: Police ban Shi’ite procession in Kaduna
We will do due diligence in our investigations. Our cyberspace in Nigeria must be safe and secure by all means. We are committed to achieving that.
ACP OLUMUYIWA ADEJOBI
FORCE PUBLIC RELATIONS OFFICER
16th July, 2024.
Support PREMIUM TIMES' journalism of integrity and credibility
At Premium Times, we firmly believe in the importance of high-quality journalism. Recognizing that not everyone can afford costly news subscriptions, we are dedicated to delivering meticulously researched, fact-checked news that remains freely accessible to all.
Whether you turn to Premium Times for daily updates, in-depth investigations into pressing national issues, or entertaining trending stories, we value your readership.
It’s essential to acknowledge that news production incurs expenses, and we take pride in never placing our stories behind a prohibitive paywall.
Would you consider supporting us with a modest contribution on a monthly basis to help maintain our commitment to free, accessible news?
TEXT AD: Call Willie - +2348098788999
English (US) ·