Hong Kong Businessman and Son Implicated in Cryptocurrency Investor Abduction

• Hong Kong businessman and son give up for investor abduction.
• Cryptocurrency investor allegedly owed tens of millions, kidnapped.
• Police hunt for 4 captors concerned in cryptocurrency abduction.

A Hong Kong businessman and his son have been arrested within the investigation of a cryptocurrency investor’s abduction. The pair, aged 70 and 30 respectively, surrendered to police on Wednesday afternoon at Tai Po Police Station, accompanied by their lawyer.

Whereas in a roundabout way concerned within the bodily abduction, the businessman and his son have been arrested on suspicion of false imprisonment and assault. Authorities revealed a connection between the suspects and the kidnapping after discovering the getaway car belonged to the household.

In line with an inside supply, the businessman allegedly invested a major sum, HK$15 million (US$1.9 million), in digital foreign money via the sufferer 18 months prior. The supply additional claimed the businessman confronted difficulties retrieving his funding and the sufferer turned more and more unreachable at occasions.

Reportedly, the 55-year-old feminine investor was forcefully dragged from her automobile in Tai Lau Leng Village by 4 unidentified captors and shoved right into a seven-seater car. Her 43-year-old husband tried to intervene however was sided with a stun gun. Each the sufferer and her husband sustained accidents throughout the ordeal and have been handled at a close-by hospital.

As of Thursday night, a seek for the 4 captors stays ongoing. Police suspect they could have been employed for the kidnapping and there’s a chance that there may need been an absence of direct connection between the businessman and the bodily act. This incident marks the second abduction in Hong Kong inside a mere 32-hour window, elevating considerations a couple of potential rise in such crimes.