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

• Aiden Pleterski, 24, is currently going through bankruptcy proceedings
• Authorities are trying to recover $29 million he allegedly took from investors
• New report suggests he was kidnapped and held for millions in ransom

A self-proclaimed Canadian “crypto king” was allegedly 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 investors as only $1.6 million has been returned, with a reliable report saying Pleterski spent most of of it on a private jet. flashy cars and luxury holidays.

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 night in December.

Adam Peters said he received a call in the middle of the night demanding a $3 million Canadian ($2.1 million USD) ransom.

Peters then claims his son was driven around Ontario, Pleterski’s home province, beaten and tortured.

He was supposedly released after a few days, but threatened to come up with the money quickly or else.

One of the few calls he was allowed to make was to his landlord, who testified that Pleterski called and asked him for the millions in ransom.

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

No suspects have been identified in the kidnapping, and it is not clear if anyone was arrested.

Rob Stelzer, the trustee appointed to produce the report, told 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 Pleterski owes investors, according to attorney Norman Groot, who was hired by some of those defrauded by the crypto king.

Groot characterizes Pleterski as having run a ponzi scheme on his clients.

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

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

“In doing that, I guess you could say greed took over and I took very aggressive positions and I tried to make returns that obviously weren’t possible or weren’t necessarily possible at the time and that just led to more loss, he said.

A report by trustees investigating the scheme says Pleterski took $29 million from investors and said he would invest them in both crypto and foreign currency.

The trustees claim he invested about $485,000, or less than two percent of the total funds on hand.

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

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 Pleterski’s parents also received about $800,000 from their son.

Stelzer, the government trustee, wants the properties sold and the money repaid to Pleterski’s investors.

Lawyers for Pleterski have not yet commented on the kidnapping allegations, according to the CBC.