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Ontario crypto king kidnapped, tortured in an attempt to get millions in ransom, documents say

Ontario crypto king kidnapped, tortured in an attempt to get millions in ransom, documents say

CTV
Friday, March 24, 2023 01:21:41 PM UTC

Ontario’s self-described crypto king was allegedly abducted, tortured, and beaten for days as his kidnappers looked to solicit millions in ransom, his father told a court in December.

Ontario’s self-described crypto king was abducted, tortured, and beaten for days as his kidnappers looked to solicit millions in ransom, his father told a court in December.

New documents, obtained by CTV News Toronto, include details of the December incident where Aiden Pleterski was allegedly abducted from downtown Toronto and driven around southern Ontario for about three days.

The nearly 750-page report, released on March 14, also contains the latest findings in a months-long pursuit to trace millions of dollars invested into cryptocurrency and foreign exchange with the 23-year-old before he was petitioned into bankruptcy.

The documents allege Pleterski invested less than two per cent of the more than $40 million handed to him. Instead, he allegedly spent nearly 38 per cent, almost $16 million, on luxury cars, private jets, and elaborate vacations.

“Aiden ran a business in which he told people he would invest their money and that's not what happened,” Rob Stelzer, appointed bankruptcy trustee on the case, told CTV News Toronto. “He really didn't do what he said he was going to do.”

CTV News Toronto made multiple attempts to contact Pleterski’s lawyer but received no response.

In early December, Stelzer told CTV News Toronto he was informed by Toronto police that Pleterski had been kidnapped.

Read full story on CTV
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