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Prashant Jha
Jan 14, 2020
by Prashant Jha

Thai Actor Under Police Scanner in Bitcoin Ransom Kidnapping Case

Kidnap
An unnamed Thai actor is currently under the Singapore Police scanner in a kidnapping case where the kidnappers demanded a ransom in Bitcoin, reported Today Online media publication. Police believe the actor was involved in the abduction as the victim Mark Cheng, who was released after paying the ransom claimed that the pickup truck used for abduction belonged to the actor in question.

Pol Lt Gen Montri Yimyaem, commissioner of Provincial Police Region 2 during his interaction with the media noted that the victim Chang registered a police complaint after the captors released him once he paid US$742,418 in Bitcoin.

The police have taken three accused under its custody including one Mr Kim who met Chang just a few days prior to the abduction. Police also searched a house belonging to one of the people of interest and were able to recover several tools used for kidnapping.

A Case of Random Kidnapping or Planned Business Conflict?

The kidnapped victim Mr Cheng informed the police that he was returning from Thailand with Mr Kim and took a taxi from Suvarnabhumi airport to  Chachoengsao’s Muang district, where the pickup truck was stationed waiting for him. He went onto claim that he transferred the demanded amount of 1 million Singaporean dollars in Bitcoin and managed to flee on Friday from the captive.

The police authorities are looking into digital transactions to verify the claims. At the same time, Cheng hailed a passing by a vehicle which helped in reaching the nearest police station to register their case. He also noted that the reason he recognized the pickup truck belonging to the Thai actor in question because he has met him a couple of times for drinks in the past.

The police have got the custody of the actor and will be questioning his role in the abduction and the reason behind demanding ransom in Bitcoin.

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Thai Actor Under Police Scanner in Bitcoin Ransom Kidnapping Case
Prashant Jha
An engineering graduate, Prashant focuses on UK and Indian markets. As a crypto-journalist, his interests lie in blockchain technology adoption across emerging economies.