An Italian vacationer used to be chained up, electrocuted, and taunted with a chainsaw for weeks within a lavish SoHo condominium by means of a cryptocurrency entrepreneur, it is been printed.
John Woeltz, 37, used to be arrested in New York on Friday after the unnamed vacationer escaped the home of horrors and knowledgeable a police officer that he have been abducted and tortured for weeks.
Kentucky-born Woeltz used to be allegedly a part of a bunch that concocted a sadistic scheme to entice the vacationer to New York so they might get right of entry to his crypto account.
Police stated the sufferer used to be tied up with electric cords and electrocuted as Woeltz tried to achieve get right of entry to to his passwords, stories the New York Post.
The sufferer, a 28-year-old guy, used to be then tasered together with his toes within the water and pistol-whipped.
The alleged kidnappers even had a chainsaw and threatened to chop the sufferer’s legs off if he did not divulge his passwords to his crypto accounts.
In addition to the anxious bodily torture, Woeltz and his friends are accused of forcing the sufferer to take cocaine.
They documented the bone-chilling acts the usage of a Polaroid digital camera. Police exposed the images in the home of horrors, assets informed the Post.
John Woeltz, 37, pictured with police after his stunning arrest on fees of attack, kidnapping, illegal imprisonment, and legal ownership of a firearm

The alleged torture took place in a large luxurious townhouse in SoHo, a fancy New York City group

Woeltz is accused of luring the Italian vacationer to New York and torturing him within the SoHo condominium for weeks
One Polaroid {photograph} depicted the sufferer tied to a chair with a gun to his head. Police consider the images have been taken to extort the sufferer’s circle of relatives.
Police additionally came upon damaged glass, evening imaginative and prescient goggles, a bulletproof vest, and a gun.
Investigators stated the sufferer met Woeltz on May 6, and the 2 had prior industry dealings with one any other.
Woeltz then led the person again to his luxurious townhouse in SoHo, the place he allegedly snatched his passport and held him captive.
The sufferer informed police that he escaped the home of horrors on Friday after his captors allegedly warned they have been making plans on killing him later that day.
He flagged down a close-by police officer, and Woeltz used to be therefore arrested barefoot in his bathrobe.
The sufferer used to be transported to a neighborhood medical institution with cuts and accidents he sustained from the torture.
Jennifer Crawford, an eyewitness to the arrest, informed native ABC associate, WABC, ‘I noticed the SWAT staff with shields after which in a while after that, I noticed a man in handcuffs pop out.’

Woeltz and others within the condominium allegedly chained up the vacationer, taunted him with a chainsaw, and compelled him to do cocaine

The alleged torture happened for weeks within the stunning SoHo house. The condominium used to be maximum just lately indexed for $75,000 a month

Woeltz is a crypto entrepreneur and investor from Kentucky. He used to be renting the house in SoHo prior to his stunning arrest
A sidewalk supplier who sells his artwork on Prince Street, the place Woeltz used to be renting the house, informed WABC, ‘I’ve observed folks cross out and in always and not in point of fact ever noticed the similar particular person two times. So we have been questioning like what used to be happening in there?’
A jewellery supplier at the block informed the New York Post, ‘I knew there used to be one thing bizarre happening, I simply assumed they have been capturing porn or one thing. I couldn’t have guessed all this.’
Woeltz is a crypto entrepreneur and investor from Kentucky and used to be renting the splendid 8-bedroom 10-bathroom house on Prince Street. The list used to be maximum just lately rented for $75,000.
A girl named Beatrice Folchi, 24, used to be additionally arrested in reference to the abduction, the NYPD showed.
Two different folks believed to have labored for Woeltz have been additionally interviewed by means of police, however no different arrests were made.