Hong Kong businessman and son concerned in kidnapping of cryptocurrency traders

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  • A Hong Kong businessman and his son give up on expenses of kidnapping an investor.
  • A cryptocurrency investor with tens of millions of {dollars} in debt has been kidnapped.
  • Police are looking for 4 perpetrators concerned within the digital forex kidnapping.

A Hong Kong businessman and his son have been arrested in an investigation into the kidnapping of a cryptocurrency investor. The 2 males, aged 70 and 30 respectively, turned themselves in at Tai Po Police Station on Wednesday afternoon accompanied by their legal professionals.

Though in a roundabout way concerned within the bodily kidnapping, the businessman and his son have been arrested on suspicion of false imprisonment and assault. Authorities found that the getaway car belonged to the household, linking the suspects to the kidnapping.

In keeping with inside sources, the businessman allegedly invested a whopping HK$15 million (US$1.9 million) in cryptocurrencies by means of his sufferer 18 months in the past. The supply additional claimed that businessmen confronted difficulties in recovering their investments and have been generally unable to contact their victims.

A 55-year-old feminine investor was reportedly forcibly dragged from her automobile by 4 unidentified assailants within the village of Tailauren and compelled right into a seven-seater car. Her 43-year-old husband tried to intervene however was stopped with a stun gun. The sufferer and her husband have been each injured through the ordeal and have been handled at a close-by hospital.

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As of Thursday night time, the seek for the 4 prisoners continued. Police suspect they might have been employed for the kidnapping and that there might have been no direct connection between the businessman and the bodily act. The incident marks the second abduction incident in Hong Kong in simply 32 hours, elevating issues a few potential rise in comparable crimes.

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