As per media reports, Aiden Plethersky, the self-proclaimed “Crypto King” and founder of the now-bankrupt crypto venture AP Private Equity, was reportedly kidnapped and subjected to torture with the aim of obtaining a ransom worth millions of dollars.
Recently obtained documents by CTV News Toronto revealed the shocking details of the Aiden Pleterski incident.
Pletersky was taken hostage by unknown criminals in downtown Toronto and mercilessly tortured for three days straight in an attempt to extract a multimillion-dollar ransom from him.
The court case related to the abduction described how he was beaten and taken to various locations across southern Ontario while being allowed to make phone calls only to specific individuals.
However, the Toronto Police declined to comment on the matter, the suspects, or the status of the arrests in connection with the case. According to bankruptcy trustee Rob Stelzer, “Aiden promised people to invest their money, but he did not keep his word.
He didn’t do anything he promised, and he owes people a lot of money.” It is worth noting that Pletersky managed to raise around $40 million in his crypto project, assuring investors that he would increase their investments by at least 7%.
However, it has now come to light that over 98% of the funds he raised were never invested but instead used for personal enrichment and purchasing luxury goods.