HomeGadgetCrypto Investor Arrested After Being Accused of Kidnapping and Torturing Italian Vacationer

Crypto Investor Arrested After Being Accused of Kidnapping and Torturing Italian Vacationer


A crypto investor from Kentucky was arrested in New York Metropolis this week after being accused of kidnapping and torturing an Italian vacationer. John Woeltz, 37, was taken into custody after his alleged sufferer, a 28-year-old man, broke free from Woeltz’s ritzy Nolita condominium and alerted a close-by visitors agent, telling them that he had been a prisoner contained in the investor’s pad for 2 weeks, in accordance with experiences. The visitors officer swiftly alerted police, who arrested Woeltz, information shops have reported.

The alleged sufferer, who has since been hospitalized and whom authorities have declined to call, initially met up with Woeltz at his costly condominium on Could sixth, after the vacationer arrived within the metropolis, the New York Submit writes. It wasn’t lengthy afterward that the person was allegedly plunged right into a weeks-long ordeal by which he was subjected to horrifying torture strategies. Some shops have reported that the sufferer is Woeltz’s former enterprise accomplice.

Woeltz was arraigned on Saturday morning and charged with assault, kidnapping, illegal imprisonment and legal possession of a firearm, CNN writes. He’s being held with out bail.

A lot concerning the legal case stays unclear. The New York Occasions experiences that a 24-year-old girl named Beatrice Folchi was additionally arrested alongside Woeltz and was equally charged with kidnapping and illegal imprisonment. Nonetheless, Folchi was apparently seen out on the streets of New York not lengthy afterward, and instructed the New York Submit that she had not been arrested. “Every little thing goes to be instructed however with a lawyer — I can’t make any feedback proper now,” Folchi instructed the outlet. One other man, recognized by police as an “unapprehended male,” can be thought to have participated within the torture actions, the newspaper writes. It’s unknown who this particular person is or the place they might be.

Not lengthy after the alleged sufferer arrived on the condominium, Woeltz is accused of stealing the person’s passport and cellphone. Woeltz and the opposite unidentified male then allegedly interrogated the sufferer, asking for his crypto pockets password. When the person refused to provide it to them, police say they proceeded to imprison and torture him by means of quite a lot of horrifying and diabolical strategies, in accordance with a number of shops.

Police discovered Polaroids contained in the condominium of the person being tied up and tortured, the New York Submit has reported. Within the photographs, the person may very well be seen certain with electrical tape and, in a single picture, had a gun pointed at his head, the Submit writes. Police additionally recovered a gun from the condominium. Sources interviewed by the Submit declare to have further details about the alleged ordeal that the vacationer went by means of. These hair-raising allegations embrace:

Since being taken captive, the vacationer had been certain with an electrical twine, Tased whereas his ft have been put in water, pistol whipped, compelled to take cocaine and threatened to have his limbs lower off with an electrical chainsaw, the sources stated. The nightmare erupted from a dispute over cryptocurrency, by which the suspect allegedly tried to extort hundreds of thousands of {dollars} from the person by unleashing a litany of horrific tortures, in accordance with sources.

When reached for remark by Gizmodo on Friday, a NYPD public info merely offered the next assertion: “On Friday Could twenty third, 2025, at roughly 937 hours within the neighborhood of Mulberry Road and Prince Road, a 28-year-old sufferer approached an on-duty visitors agent and alerted him that he was a sufferer of an assault.” Gizmodo additionally reached out to Woeltz’s legal professional for remark.



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