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Italian entrepreneur tortured for weeks with chainsaw and Taser in high-end New york city house by cryto financier, authorities state

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A cryptocurrency financier from Kentucky was apprehended in Manhattan on Friday after apparently holding an Italian entrepreneur slave for over 2 weeks in a high-end SoHo house.

John Woeltz, 37, has actually been charged with 2 counts of attack, kidnapping, illegal jail time, and criminal ownership of a weapon, the NYPD states.

A bloody and bruised 28-year-old entrepreneur, who has actually not been openly recognized, apparently left Woeltz’s Prince Street house hours before he thought he would be eliminated. The guy approached a close-by traffic representative, who then called authorities.

The entrepreneur declared he got here in New york city from Italy on Might 6 and went to Woeltz’s house, where he was bound and after that tortured, according to the NYPD.

Rents in SoHo are high. That on Woeltz’s apartment is thought to be between $30,000 and $40,000 a month
Leas in SoHo are high. That on Woeltz’s house is believed to be in between $30,000 and $40,000 a month (Getty Images)

Cops got in Woeltz’s house and apparently discovered Polaroids portraying the guy being consolidated electrical wire, tortured, and bound to a chair with a weapon indicated his head. The Polaroids were most likely utilized to obtain cash from either the victim or his household in Italy, authorities stated.

Officers likewise discovered weapons and numerous abuse gadgets in the house, apparently leased for $30,000 to $40,000 a month.

The entrepreneur declared his dreadful abuse consisted of being bound with an electrical cable, tasered while his feet remained in water, pistol-whipped, required to take drug, and threatened with having his limbs cut off with an electrical chainsaw.

Cops discovered no other victims in the house.

Authorities likewise apprehended Beatrice Folchi, 24, of Manhattan, on Saturday, on kidnapping and illegal jail time charges originating from the occurrence. Folchi’s supposed function or relationship to Woeltz is uncertain.

Cops are still looking for another male suspect.

While an intention for the occurrence stays uncertain, citizens are surprised by the supposed criminal offenses.

” This is certainly the strangest thing I have actually seen in my time here,” Ciaran Tully, who works throughout the street from Woeltz’s apartment, informed the New York City Post about seeing a barefoot Woeltz being apprehended in a white bathrobe. “Usually, this is a quite peaceful block.”

“I simply can’t think things like this would take place in 2025 in New york city of all locations. This is our district, our community. We simply need to … we need to take care,” Midtown resident Kareem Hakemy informed CBS News.

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