Hong Kong Businessman and Son Implicated in Cryptocurrency Investor Abduction

• Hong Kong businessman and son surrender for investor abduction.
• Cryptocurrency investor allegedly owed millions, abducted.
• Police hunt for four captors involved in cryptocurrency abduction.

A Hong Kong businessman and his son were arrested in the investigation of a cryptocurrency investor’s abduction. The pair, aged 70 and 30 respectively, surrendered to police on Wednesday afternoon at Tai Po Police Station, accompanied by their lawyer.

While not directly involved in the physical abduction, the businessman and his son were arrested on suspicion of false imprisonment and assault. Authorities revealed a connection between the suspects and the abduction after discovering the getaway vehicle belonged to the family.

According to an inside source, the businessman allegedly invested a significant sum, HK$15 million (US$1.9 million), in virtual currency through the victim 18 months prior. The source further claimed the businessman faced difficulties retrieving his investment and the victim became increasingly unreachable at times.

Reportedly, the 55-year-old female investor was forcefully dragged from her car in Tai Lau Leng Village by four unidentified captors and shoved into a seven-seater vehicle. Her 43-year-old husband attempted to intervene but was sided with a stun gun. Both the victim and her husband sustained injuries during the ordeal and were treated at a nearby hospital.

As of Thursday evening, a search for the four captors remains ongoing. Police suspect they may have been hired for the abduction and there is a possibility that there might have been a lack of direct connection between the businessman and the physical act. This incident marks the second abduction in Hong Kong within a mere 32-hour window, raising concerns about a potential rise in such crimes.