Ontario’s self-described crypto king was allegedly abducted, tortured, and beaten for days as his kidnappers looked to solicit millions in ransom, his father told a court in December.
Ontario’s self-described crypto king was abducted, tortured, and beaten for days as his kidnappers looked to solicit millions in ransom, his father told a court in December.
The documents allege Pleterski invested less than two per cent of the more than $40 million handed to him. Instead, he allegedly spent nearly 38 per cent, almost $16 million, on luxury cars, private jets, and elaborate vacations. In early December, Stelzer told CTV News Toronto he was informed by Toronto police that Pleterski had been kidnapped.Transcripts from court examinations with Pleterski’s father and landlord, reviewed by CTV News Toronto, reveal more details about how the alleged kidnapping unfolded.
“I received multiple calls from Aiden, but it was late at night … and then at around 1:30 a.m., I finally had enough, and I picked up the call,” his landlord said in court on Feb. 9. In Stelzer’s view, as the bankruptcy trustee, both properties should be sold and the funds should be returned to investors. In the report, he listed reasons to justify this stance, which highlighted these properties were “funded by investor funds whose money was used by Pleterski in an unauthorized manner.”Pleterski’s parents said they believed their son was operating a successful investment business, court documents show.
In cooperation with the bankruptcy proceedings, the parents have agreed to return two vehicles – an Audi S5 and Volkswagen Atlas – with a market value in excess of $100,000 to the trustee. That goes alongside paying $812,000 on or before June 30.
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