Crypto prodigy, 23, is kidnapped and TORTURED after ‘scamming’ investors out of $29 million

A self-proclaimed Canadian “crypto king” has reportedly been kidnapped and tortured after apparently scamming millions of investors into living a glamorous life.

Aiden Pleterski, 24, is currently the subject of bankruptcy proceedings as Canadian authorities attempt to recover the $29 million he is accused of defrauding investors.

Just $1.6 million was returned, with reports indicating Pleterski spent most of it on a private jet, a huge fleet of flashy cars and luxury vacations.

The latest revelations, made by Pleterski’s father in a government report detailing what happened to the funds, are that Pleterski was kidnapped in the middle of the December night.

Adam Peters said he received a late night call asking for 3 million Canadian dollars (2.1 million US dollars) in ransom. Peters then claims that his son was taken to Ontario, beaten and tortured.

He would have been released after a few days but would have threatened to find the money quickly otherwise.

One of the few calls he was allowed to make was from his landlord, who testified that Pleterski called him demanding millions in ransoms.

“I said, ‘There’s absolutely nothing I can do.

No suspects have been revealed in the kidnapping and it is unclear if any arrests have been made.

Rob Stelzer, the administrator appointed to produce the report, said TVC 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 may be just the beginning of what Pleterski owes investors, according to attorney Norman Groot, who was hired by some of those ripped off by the crypto king.

Groot characterizes Pleterski as having performed a Ponzi scheme on his clients, with investments made by some clients allegedly being used to simulate returns for others.

He’s trying to find out how much Pleterski transferred from his account, with losses that could be double that $29 million.

Pleterski claimed in 2021 that he lost investments when the crypto market crashed in the fall of that year.

“In doing so, I guess you could say greed took over, and I was taking very aggressive positions, and trying to make comebacks that obviously weren’t achievable or weren’t necessarily possible at the time. era, and it just caused more casualties,” he said.

A report from administrators investigating the scheme says Pleterski took the $29 million from investors and said he would invest it in both crypto and foreign currencies.

The directors say he has invested about $485,000, less than 2% of the total funds available.

The report alleges he spent approximately $362,000 in a warehouse where he stored the remaining cash.

It also says Pleterski has driven at least 10 different sports cars, including a rare McLaren Senna, bought for over $1 million in September 2021.

Another $700,000 went to the mansion Pleterski lived in, including rent and a down payment to eventually buy it.

He gave another $940,000 to an associate, while Stelzer says Pleterski’s parents also received about $800,000 from their son.

Stelzer, the government administrator, wants the properties sold and the money returned to Pleterski’s investors.

Pleterski’s lawyers have yet to comment on the kidnapping allegations, according to CBC.