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Cryptocurrency investor accused of kidnapping, torturing Italian tourist in NYC

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May 24, 2025
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Cryptocurrency investor accused of kidnapping, torturing Italian tourist in NYC
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A cryptocurrency investor has been charged after he allegedly kidnapped an Italian former enterprise accomplice and tortured him for 2 weeks — utilizing a taser, chainsaw and different twisted strategies — inside a luxurious New York City townhouse as half of a sadistic plot to steal passwords, in response to police and stories. 

John Woeltz, 37, was seen cuffed sporting a gown and barefooted outdoors his pad in the SoHo neighborhood of Manhattan on Friday morning, shortly after his sufferer made a daring escape and referred to as the police for assist.

Woeltz, who is known to have had prior enterprise dealings with the 28-year-old unidentified sufferer, helped lure the person to the Princes Avenue townhouse on Could 6, snatched his passport and tied him up earlier than torturing him in an extortion plot to get the sought-after passwords, the New York Post stories citing police sources. A 24-year-old feminine has additionally been arrested, police advised Fox Information. 

John Woeltz perp walk and the front of a Soho townhouse

John Woeltz, proper, a cryptocurrency investor, has been charged after he allegedly kidnapped an Italian tourist and tortured him for 2 weeks — utilizing a taser, chainsaw and different twisted strategies. (Google Maps and WNYW)

NYC EXECUTIVE USED APARTMENT TO RAPE, TORTURE WOMEN IN ‘CALCULATED CAMPAIGN OF VIOLENCE’: PROSECUTORS

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The sufferer endured extreme abuse, together with being certain with electrical cords, tasered whereas his ft had been submerged in water, pistol-whipped, pressured to ingest cocaine and threatened with dismemberment utilizing an electrical chainsaw, the outlet reported. 

Polaroid pictures exhibiting the tourist being tied up with electrical wire and tortured, together with one of him certain to a chair with a gun pointed at his head, had been found by police, in response to the sources, together with weapons and different incriminating proof.

The sufferer managed to flee and name a close-by visitors cop.

Officers responded to the tackle round 10 a.m. and witnesses described a dramatic scene as police, SWAT groups and emergency autos swarmed the realm, Fox 5 reported. 

woeltz perp walk

Woeltz, a crypto entrepreneur and investor, is perp walked out of the fifth Precinct final evening sporting a white t-shirt and stated nothing to screaming reporters.  (WNYW)

BLUE CITY PROSECUTOR ATTACKED IN OWN HOME BY ILLEGAL IMMIGRANT WITH TREN DE ARAGUA GANG TIES: POLICE

Woeltz, who the Submit stories is from Kentucky, has been charged with two counts of second-degree assault, one rely of kidnapping and one rely of illegal imprisonment, police told Fox Information. 

Woeltz, a crypto entrepreneur an investor, was perp walked out of the fifth Precinct station final evening sporting a white T-shirt and stated nothing to screaming reporters. 

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The sufferer was transported to Bellevue Hospital in secure situation.

The 24-year-old girl, Beatrice Folchi of Manhattan, has been charged with kidnapping and illegal imprisonment.

“He seemed like an honest man,” one resident advised Fox 5 describing Woeltz. “He simply seemed like a wealthy man in a pleasant bathrobe, clean-shaven, hair was achieved. It didn’t appear to be police had an issue arresting him.

Michael Dorgan is a author for Fox Information Digital and Fox Enterprise.

You’ll be able to ship tricks to michael.dorgan@fox.com and comply with him on Twitter @M_Dorgan.



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