Crypto genius, 23, kidnapped and tortured after ‘frauding’ investors out of $29M

A self-proclaimed Canadian “cryptocurrency kingpin” was kidnapped and tortured, according to the lawsuit.

Aiden Pretelski, 23, is currently in bankruptcy proceedings as an authority. Canada He is trying to get back the $29 million he was accused of defrauding from investors.

Only $1.6 million was returned, and Pleterski reportedly spent most of it on private jets, lots of fancy cars and fancy vacations.

The latest revelation made by Pretelsky’s father in a government report detailing what happened to the funds is that Pretelsky was kidnapped in the middle of the night in December.

Adam Peters said he received a late-night call demanding a ransom of C$3 million (US$2.1 million). Peters then alleges that his son was chased, beaten and tortured across Ontario.

He was probably released a few days later, but threatened to come up with the money quickly.

One of the few phone calls he was allowed to make was to his landlord, who testified that Preterski called him begging him to pay a ransom of millions of dollars.

“There is absolutely nothing I can do,” he said.

A suspect in the kidnapping has not been identified, and it is not clear if any arrests have been made.

Rob Stelzer, the trustee appointed to prepare the report, said: CTV He received a call from Toronto police in early December about the kidnapping.

“I mean, obviously, he owes a lot of people a lot of money,” Stelzer said.

The $29 million could be just the beginning of what Pretelsky owes investors, says Norman Groot, a lawyer hired by some of the crypto mogul’s duped.

Groot has characterized Pleterski as having carried out a Ponzi scheme against his clients.

He wants to find out how much money Pleterski has sent from his account. Losses he could double his $29 million.

Pleterski claimed in 2021 that he lost his investment when the crypto market crashed that fall.

In doing so, I guess you could say that greed has taken over. I was taking a very aggressive position and trying to make a return that was clearly not feasible or not always possible at the time. loss,” he said.

Pleterski said he would receive $29 million from investors and invest in both cryptocurrencies and foreign currencies, according to a report by a trustee investigating the scheme.

Trustees claim he invested only about $485,000, less than 2% of total funds on hand.

Reports claim he spent about $362,000 on warehouses where he kept his remaining cash.

Videos and photos posted by him Instagram Stories and highlights showcase his fleet of luxury cars and private jet trips to Miami.

His extravagant vacation is also documented in highlights, showing the Crypto King living his best life on a luxury yacht, enjoying jet skiing in bright waters, eating wine and oysters with women and friends. It indicates that you are eating out at a restaurant or sitting in the front row at a concert.

His 95.2K followers go wild with his every move, complimenting Pleterski’s fit and drooling brush with celebrities like Machine Gun Kelly, as well as his lavish lifestyle. .

Pretersky also said he has driven at least 10 different sports cars, including a rare McLaren Senna that he bought for over $1 million in September 2021.

Another $700,000 went to the mansion where Pretelski lived, and included both the rent and the down payment to eventually buy it.

He donated another $940,000 to his associates, but Stelzer claims Pleterski’s parents also received about $800,000 from their son.

Steltzer, the government trustee, wants to sell the property and return the money to Pretelski’s investors.

According to the CBC, Pretelski’s attorney has not yet commented on the kidnapping allegations.