Crypto investor allegedly tortured Italian tourist for weeks to gain access to passwords

A Kentucky-based crypto investor is currently cooling his heels in police custody after he reportedly kidnapped and tortured an Italian tourist for weeks. According to reports, 37-year-old John Woeltz tortured the victim with a chainsaw in a Manhattan apartment before the unnamed victim escaped. In the reports made by the police, Woeltz was arrested by the authorities after the 28-year-old tourist broke out of the apartment and made a daring escape and located the nearest police station. The officers on duty also noted that the victim had blood and bruises all over his body. The police rushed to the luxurious Prince Street pad, which Woeltz has been allegedly renting for about $30,000 to $40,000 a month. They discovered photos that pointed out that the tourist had been tortured at the location by the crypto. The pictures showed the tourist being tied up with electric wires and tortured, including being bound to a chair with a gun pointed at his head, according to police sources. Crypto investor arrested in connection with kidnapping and assault According to sources, John Woeltz bound his victim with an electric cord, tased while his feet were in water, whipped with a pistol, and forced to take cocaine. Police sources also confirmed that the crypto investor even threatened to cut off the victim’s limbs with a chainsaw if he refused to cooperate with him. The kidnap and torture allegedly blew up from a dispute over cryptocurrencies , in which the suspect allegedly tried to extort millions of dollars from the man using scare tactics. The ordeal started on May 6, when the Italian tourist arrived in New York City from Italy. After his arrival, he made his way to see Woeltz, whom he had been dealing with in the past. But when he got to the luxurious apartment, Woeltz snatched him and bound him, the sources added. According to the police, the man suffered torture for days, with polaroids of the events taken. The police believed that those were taken to either be used to extort money from him or to be sent back to Italy to extort money from his family. Police mentioned that they found the picture in where they described as a torture chamber, with blood on the floor. Other torture equipments found at the scene include broken glass, night vision goggle, a bulletproof vest, and a gun. The victim has since been rushed to Bellevue Hospital for treatment while the cops have arrested Woeltz and he is expected to face charges related to assault. Police promise to apprehend every suspect linked to the crime Woeltz has since been charged on Friday night, with the authorities charging him with two counts of second-degree assault, first-degree kidnapping, first-degree unlawful imprisonment, and criminal possession of a weapon. In addition, a second person, 24-year-old Beatrice Folchi, who lives in Manhattan has also been arrested and charged with first-degree kidnapping and first-degree unlawful imprisonment. Police escorting John Woeltz out of his apartment after his arrest. Source: NYPost. Meanwhile, two other people, who authorities believe were employed by Woeltz, are still waiting to be interviewed by the police. According to the police, the Italian tourist had a wound on his arm, which was believed to have been inflicted by the perpetrator through the Chainsaw. In addition, the victim was also tagged with an Apple AirTag in case he tried to escape from custody. He eventually made his escape on Friday, because he believed that was the day the suspect planned to kill him. According to an eyewitness at the scene, Woeltz was apprehended by the police in the apartment. He was clad in a robe and handcuffed on his way away from the luxurious apartment. “This is definitely the strangest thing I’ve seen in my time here,” he said. “Normally, this is a pretty quiet block.” Another vendor who lived nearby mentioned that he got a weird vibe from the crypto guys who just moved into the apartment. The police, on the other hand, have promised to apprehend other suspects linked to the crime, while ensuring that no other victims remain. Cryptopolitan Academy: Tired of market swings? Learn how DeFi can help you build steady passive income. Register Now

Source: Cryptopolitan