Popular Anambra billionaire, Mr. Linus Williams Ifejika, popularly known as BLord was on Tuesday, arrested by the operatives of the Nigeria Police Force in Abuja.
The arrest of BLord, an Awka-based cryptocurrency vendor and Managing Director of BLord Group, Blord Real Estate Ltd., Blord Jetpaye Ltd., and Billpoint Technology, was confirmed in a statement by the Force Public Relations Officer, Olumuyiwa Adejobi.
Blord is known for his show of philanthropy and flamboyance especially on social media.
According to him, the arrest was a result of allegations of cryptocurrency fraud, terrorism funding, and aiding internet fraud among others, leveled against BLord’s companies.
The statement, titled ‘Alleged Fraud, Violation of CBN Act: Police Interrogate CEO Blord Group of Companies, Linus Williams’, said complaints were lodged against the BLord Group of Companies, thereby necessitating his arrest.
The statement read “The FCID (NPF-NCCC) is currently investigating complaints lodged against BLORD GROUP, BLORD REAL ESTATE LTD, BLORD JETPAYE LIMITED, and BILLPOINT TECHNOLOGY.
“These offenses include allegations bothering on cryptocurrency fraud, aiding internet fraud, computer-related fraud, terrorism funding, and non-compliance with regulatory frameworks.
“We will do due diligence in our investigations.
“Our cyberspace in Nigeria must be safe and secured by all means. We are committed to achieving that.”
Recall that the suspect had previously been arrested on August 31, 2020, by the operatives of the Economic and Financial Crimes Commission (EFCC), who grilled him in Awka, alongside some other youths accused of internet fraud.
He was, however, acquitted by the Enugu State Federal High Court in a landmark judgment delivered on May 7, 2022, after barely two years of legal wrangling — a victory he dedicated to the Nigerian Youths, and then continued his crypto business, before his latest arrest and detention on Tuesday, July 16, in Abuja.
