A businessman from Hong Kong, linked to 4 people implicated within the kidnapping of a cryptocurrency investor, was lately taken into custody after surrendering to regulation enforcement. Authorities allege that the car used within the investor’s abduction is owned by the businessman’s household.
Crypto Investor Fails to Repay Extra Than $1.9 Million
Hong Kong regulation enforcement lately detained a 70-year-old businessman accused of involvement within the disappearance of a cryptocurrency investor. In response to a report within the South China Morning Publish, the businessman and his 30-year-old son have been arrested shortly after surrendering themselves.
The pair is alleged to be a part of a conspiracy that resulted in an unnamed crypto investor being falsely imprisoned over her failure to return greater than $1.9 million (HKD15 million) that the businessman had invested in her digital foreign money venture. Though the businessman and his son weren’t instantly concerned within the abduction, the report stated they have been nonetheless being held for questioning as of Could 9.
In response to Hong Kong officers, a seven-seater car belonging to the businessman’s household had been used to abduct the crypto investor within the Sheung Shui residential district. In the meantime, in the course of the assault, each the crypto investor and her husband reportedly suffered accidents that required hospitalization.
Following the arrest, Hong Kong police stated they have been additionally nonetheless trying to find the sufferer’s 4 captors who might have been paid to commit the act.
“We don’t rule out the likelihood that the 4 males have been paid to hold out the job,” said an unidentified supply within the report.
As detailed within the report, a businessman from Hong Kong invested in a cryptocurrency venture roughly 18 months in the past. Nevertheless, the septuagenarian grew annoyed with the cryptocurrency investor when it grew to become clear that she was unable to return the invested funds.
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