Crypto Dispute Allegedly Leads to Kidnapping, Torture
Share this @internewscast.com

A 28-year-old man from Italy was held captive and subjected to torture for several weeks in a luxury Manhattan apartment. He managed to escape on Friday morning and sought help from a traffic enforcement officer.

According to police reports, the victim was once a business partner with several crypto entrepreneurs residing in the lavish SoHo brownstone. After a dispute, he returned to Italy. Later, these entrepreneurs allegedly deceitfully invited him back to New York on May 6 by promising new business opportunities. Upon his arrival, he was kidnapped, and the torture commenced, as noted by WABC.

One of the entrpreneurs, identifed as 37-year-old John Woeltz of Kentucky, was taken into custody, WNBC reported.

The victim informed the police that his captors seized his passport and insisted on obtaining access to his cryptocurrency account. The attackers reportedly tied him with electrical cords and subjected him to electrocution and additional shock treatments. Reports suggest they tased him while his feet were in water, struck him with a pistol, and threatened to use a chainsaw to amputate his limbs.

Investigators said they found Polaroids of the torturers doing their work, including one showing the victim bound to a chair with a gun to his head. Detectives said they believed the photographs were intended to extort money from the victim or his family in Italy.

They also forced the victim to take drugs and subjected him to a variety of psychological torture, telling him he would never escape. They even put a tracking device on his neck.

The victim made a concerted effort to escape on Friday, he said, because the men told him that was the day they would kill him.

Police found one of the kidnapping torturers upstairs, wearing a bathrobe, when they arrived. They are looking for several other men who lived at the townhouse.

The 8-bedroom, 10-bathroom townhome was rented for $30,000 to $40,000 per month, according to police, who said the inside was trashed with broken glass, helmets, night vision goggles, and a bulletproof vest. When they found a gun, they requested a search warrant for a deeper search.

The victim had numerous cuts on his body and was taken to Bellevue Hospital for treatment.

Detectives are also interviewing two butlers who were at the home working for the man they took into custody.

Formal charges for Woeltz have not been announced.

Share this @internewscast.com
You May Also Like

Texas Man Arrested for Shooting Cable Installer Over Alleged Trespassing

A Texas man shot and seriously wounded a 19-year-old utility worker as…

Travis Decker: Authorities Doubt Fugitive Father Suspected of Killing His 3 Kids Remains in Washington or is Alive

After a thorough three-week investigation in the mountainous regions of Washington state,…

Alert: Missing Woman from California May Be a Victim of Sex Trafficking; FBI Offers Reward

The FBI has announced a reward of up to $10,000 for any…

The Tragic Ambush in Tennessee: Remembering Pauline Pusser

In this episode of Zone 7, crime scene investigator Sheryl McCollum engages…

Three Arrested in Connection with $3.4 Million Sea Cocaine Retrieval Plot

Three men have been charged over an alleged plot to import 1.5…

23-Year-Old Gets Life Sentence for Murder and Attempted Murder Conviction

Staff report GAINESVILLE, Fla. – A jury today found 23-year-old Xaviyaun Jacquez…

Closing Arguments Begin in Sean ‘Diddy’ Combs’ Sex Trafficking Trial

Federal prosecutors in Sean “Diddy” Combs’ sex trafficking trial began their opening…

Officer Issued Bogus Ticket to Ex While She Was Abroad: Authorities

Inset: Miami Police Officer Zamir Vargas Valerio (Turner Guilford Knight Correctional Center).…

Diddy Shines as the ‘King of Baby Oil’ During State’s Grand Finale

Sean “Diddy” Combs was accused of utilizing “violence and fear” to manage…

Court Grants Newsom Access to Trump National Guard Case Details

Left: President Donald Trump gives remarks upon his arrival at a NATO…

Man Accused of Stealing $200,000 in Bull Semen and Wagyu Cattle

A man has been charged after allegedly stealing Wagyu cattle, semen and…

Lawyers for Abrego Garcia Turn Department of Justice’s Own Arguments Against Them

Inset: Kilmar Abrego Garcia in an undated photo (CASA). Background: President Donald…