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Hong Kong businessman and son implicated within the kidnapping of cryptocurrency traders

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  • Hong Kong businessman and son give up for kidnapping investor.
  • Cryptocurrency investor reportedly owed hundreds of thousands, kidnapped.
  • Police are searching for 4 kidnappers concerned within the crypto-currency kidnapping.

A Hong Kong businessman and his son have been arrested in an investigation into the kidnapping of a cryptocurrency investor. Accompanied by their lawyer, the pair, aged 70 and 30, surrendered to police at Tai Po Police Station on Wednesday afternoon.

Though the businessman and his son weren’t straight concerned within the bodily kidnapping, they had been arrested on suspicion of false imprisonment and assault. Authorities found the connection between the suspects and the kidnapping after discovering that the getaway car belonged to a household.

In line with an inside supply, the businessman allegedly invested a big quantity of HK$15 million (US$1.9 million) within the digital foreign money 18 months in the past by means of the sufferer. The supply additional claimed that the businessman confronted difficulties in getting his funding and the sufferer turned more and more unavailable at instances.

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The 55-year-old investor was allegedly forcibly dragged from her automobile in Tai Lau Leng village by 4 unidentified kidnappers and pushed right into a seven-seater car. Her 43-year-old husband tried to intervene however was on the aspect of the stun gun. Each the sufferer and her husband sustained accidents through the ordeal and had been handled at a close-by hospital.

The seek for the 4 kidnappers continues since Thursday night. The police suspect that they had been employed for the kidnapping and there’s a risk that there was no direct connection between the businessman and the bodily act. The incident is the second kidnapping in Hong Kong in simply 32 hours, elevating fears of a attainable enhance in such crimes.

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