A self-proclaimed Canadian “crypto king” was reportedly kidnapped and tortured after defrauding investors out of millions of dollars by using the currency to live a glamorous lifestyle.
Aiden Pleterski, 24, is currently going through bankruptcy proceedings as authorities in Canada desperately try to recover the $29 million he defrauded from investors, as only $1.6 million has been repaid. flashy cars and luxury vacations.
The latest revelations, made by Pleterski’s father in a government report detailing what happened to the money, is that Pleterski was kidnapped in the middle of the night in December.
Adam Peters said he received a call in the middle of the night asking for $3 million Canadian ($2.1 million USD) in ransom.
Peters then claims that his son was driven, beaten and tortured through Ontario, Pleterski’s home province.
Aiden Pleterski, 24, is currently going through bankruptcy proceedings as authorities in Canada desperately try to recover the $29 million he defrauded from investors, as only $1.6 million has been repaid. flashy cars and luxury vacations
He was supposed to be released after a few days, but threatened to come up with the money soon or else.
One of the few calls he was allowed to make was to his landlord, who testified that Pleterski called and begged him for the millions in ransom money.
“I said, ‘There’s absolutely nothing I can do.’
No suspects in the kidnapping have been revealed and it is not clear if any arrests have been made.
Rob Stelzer, the trustee appointed to prepare the report, said CCTV he received a call from Toronto police about the kidnapping in early December.
“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 lawyer Norman Groot, who was hired by some of those scammed by the crypto king.
Groot characterizes Pleterski as a ponzi scheme on his clients.
The latest revelations, made by Pleterski’s father in a government report detailing what happened to the money, is that Pleterski (pictured right) was kidnapped in the middle of the night in December.
Pleterski drove at least 10 different sports cars, including a rare McLaren Senna, bought for over $1 million in September 2021
He also allegedly spent his millions on a private jet and various luxury vacations
He tries to find out how much Pleterski transferred from his account, with losses that could amount to 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, you could say greed took over, and I was taking very aggressive positions, and I was trying to get returns that were clearly not achievable or not necessarily possible at the time, and it just caused more losses,” he said .
A report from trustees investigating the plan says Pleterski took the $29 million from investors and said he would invest it in both crypto and foreign exchange.
The trustees claim he invested about $485,000, or less than two percent of the total money available.
According to the report, he spent about $362,000 on a warehouse where he stored the remaining cash.
Canadian government investigators are trying to figure out how to get back the millions lost to Pleterski, seen here with Machine Gun Kelly
It also says Pleterski drove 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 both rent and a down payment to eventually buy it.
He gave another $940,000 to an associate, while Stelzer claims that Pleterski’s parents also received about $800,000 from their son.
Stelzer, the government’s trustee, wants the properties sold and the money returned to Pleterski’s investors.
Pleterski’s lawyers have yet to respond to the kidnapping allegations, according to CBC.