Crypto investor accused of sadistically torturing biz partner in NYC luxury townhouse
Share this @internewscast.com

A cryptocurrency investor is facing charges for allegedly kidnapping and torturing a former Italian business partner for two weeks in a luxurious New York City townhouse. Authorities reported that the investor used a taser, chainsaw, and other brutal methods in a cruel scheme to steal the victim’s passwords.

John Woeltz, aged 37, was found wearing a robe and barefoot as he was handcuffed outside his residence in Manhattan’s SoHo area on Friday morning. His arrest followed the dramatic escape of his victim, who contacted the police for assistance.

Woeltz, who reportedly had previous business relationships with the 28-year-old victim, allegedly coaxed the individual to the townhouse on Princes Street on May 6. Once there, he seized the victim’s passport, restrained him, and subjected him to torture, aiming to extract valuable passwords. This information comes from police sources cited by the New York Post. In addition, a 24-year-old woman has been detained, according to police statements to Fox News.

John Woeltz perp walk and the front of a Soho townhouse

John Woeltz, right, a cryptocurrency investor, has been charged after he allegedly kidnapped an Italian tourist and tortured him for two weeks — using a taser, chainsaw and other twisted methods. (Google Maps and WNYW)

Woeltz, who the Post reports is from Kentucky, has been charged with two counts of second-degree assault, one count of kidnapping and one count of unlawful imprisonment, police told Fox News. 

Woeltz, a crypto entrepreneur an investor, was perp walked out of the 5th Precinct station last night wearing a white T-shirt and said nothing to screaming reporters. 

police outside the townhouse

A police officer outside the townhouse on Friday. (WCBS)

The victim was transported to Bellevue Hospital in stable condition.

The 24-year-old woman, Beatrice Folchi of Manhattan, has been charged with kidnapping and unlawful imprisonment.

“He looked like a decent guy,” one resident told Fox 5 describing Woeltz. “He just looked like a rich guy in a nice bathrobe, clean-shaven, hair was done. It didn’t look like police had a problem arresting him.

Share this @internewscast.com
You May Also Like
The putrid Bryan Kohberger plea deal and more: Letters

Controversial Bryan Kohberger Plea Deal and More: Reader Letters

A putrid plea deal I’m both disgusted and mystified by the plea…
Angela Rayner speaking at the Local Government Association annual conference.

Rayner’s Proposal Enlists ‘Banter Police’ to Monitor Workplace Conversations for Inappropriate Content

Deputy Prime Minister Angela Rayner is facing criticism for allegedly attempting to…
Russian T-90 tanks in a military parade on Red Square.

Could This Trigger World War 3? NATO Chief Warns of Coordinated Attacks by Putin and China

A CHILLING forecast of how World War Three will start has been…
Shark attack victim in hospital bed.

Woman Shares Her Story After a Shark Attack on July 4th Left Her Severely Injured and Her Husband Wounded

A WOMAN gives an update a year after surviving a brutal heart…
Red state now offers preferred parking for pregnant women

Conservative state introduces special parking spots for expectant mothers

Florida is days into allowing pregnant women to apply for an “expectant…
Mystery deepens as body discovered during search for missing American in island paradise

Discovery of a Body Intensifies Search for Missing American on Island Paradise

Authorities in the Turks and Caicos Islands have found a man’s body…
Couple in swimwear posing on a boat.

Gulf Coast Stapletons Influencer Stands by Husband After He Pleads Guilty to 20 Charges Related to Child Abuse Images

AN INFLUENCER has defended her husband online after he was sentenced to…
Camp Mystic camper dies in devastating flooding, family confirms

Family Confirms Tragic Loss of Camp Mystic Camper Due to Severe Flooding

Author: Sammy Turner, Amanda Henderson, KHOU 11 Staff, KENS 5…
Heather Graham flaunts body in several bikinis during Italy vacation

Heather Graham Shows Off Stunning Bikinis on Italian Getaway

There is no one else who is soaking up the sun more…
Bodies of all 7 missing people found at a California fireworks warehouse that exploded

All 7 Missing Individuals Found Dead in Explosion at California Fireworks Warehouse

ESPARTO, Calif. (AP) — In Northern California, the bodies of all seven…
Ayatollah Ali Khamenei at an Ashura ceremony.

Iran’s Supreme Leader Ayatollah, 86, Makes Public Appearance After Trump Advises Israel Against Targeting Him

Iran’s Supreme Leader, Ayatollah Ali Khamenei, has made his first public appearance…
Photo of Julian Ryan.

Heroic Father Dies Protecting Family During Texas Floods After Severe Arm Injury

A courageous father of two lost his life after his arm was…