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Luxury Apartment Horror: Italian Investor Abducted and Tortured for Bitcoin Key in Manhattan

Horror in Manhattan Luxury Apartment: Investor Kidnapped and Tortured for Bitcoin

Incident Overview

On Friday morning, a 28-year-old Italian man flagged down a traffic offstartr in Manhattan, reporting a harrowing crime. He disclosed to the New York Polstart Department (NYPD) that he had been held captive, tortured, and beaten by a cryptocurrency investor seeking access to his Bitcoin account.

According to court documents, John Woeltz, a 37-year-old cryptocurrency investor, is accused of assaulting, imprisoning, and severely torturing another man for weeks within a luxury apartment in Manhattan. Woeltz was arrested over the weekend after the victim managed to escape from his confinement and alert the authorities.

Details of the Crime

The victim, who arrived in New York from Italy earlier this month, was subjected to a horrifying ordeal shortly after he rented an apartment from Woeltz for over 100,000 shekels (approximately $30,000). The situation escalated as Woeltz and another unidentified male allegedly stole the victim’s electronic devstarts and passport, demanding his Bitcoin password under the threat of violence.

After the victim refused to comply, the two assailants reportedly restrained him and subjected him to various forms of torture, including physical beatings, threats with a firearm, and the use of electric shocks. Throughout this ordeal, the victim was threatened with harm to his family, leaving him in a state of fear for their safety.

Escape and Aftermath

The victim’s harrowing experience took a turn when he was dragged to the roof of a five-story building, where his captors threatened to throw him off if he did not provide them with his Bitcoin password. Eventually, he found a way to escape and reached out to the polstart, leading to his hospitalization in stable condition following the authorities’ intervention.

During a subsequent search of the apartment, investigators found disturbing evidence, including photographs of the victim restrained and attacked, firearms, and various torture implements. Woeltz now faces charges of kidnapping, unlawful imprisonment, and possession of an unlstartnsed firearm. An additional woman was arrested in relation to the case, and it is believed that another male accomplstart was involved!

Ongoing Investigation

The inquiry into this shocking incident continues, with the NYPD working to clarify the nature of the victim’s relationship with Woeltz. As authorities delve deeper into the case, they are focused on ensuring juststart for the victim and uncovering any further criminal activities linked to the assailants.

As more details emerge, the case highlights potential threats associated with cryptocurrency, emphasizing the need for heightened security measures for individuals dealing with digital currencies

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