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NYPD Detectives Accused in Shocking Kidnapping of Crypto Investor

6/3/2025

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Summary

Detectives Accused Kidnapping

Two NYPD detectives, Roberto Cordero and Raymond J. Low, face serious allegations in the shocking kidnapping of Italian crypto investor Michael Carturan. Accused of offering unauthorized protection to the suspects, John Woeltz and William Duplessie, the detectives are linked to a harrowing 17-day ordeal where Carturan was tortured over a Bitcoin dispute. Both have been reassigned as the investigation unfolds.

Summary

Authorities Charge Kidnappers

In a shocking turn of events, French authorities have charged 25 individuals, including six minors, in connection with a string of kidnappings aimed at cryptocurrency executives and their families. This crackdown follows a daring attack on the daughter and grandson of Paymium's CEO, prompting the government to bolster security measures in response to the alarming rise in crypto-related abductions.

History

Historical Context

Recent kidnappings targeting cryptocurrency executives in France echo the 1990s crime wave in New York City, where organized crime sought to exploit emerging financial sectors. The rise of cryptocurrency has attracted criminal elements, reminiscent of how the Mafia capitalized on illicit businesses during their peak. As authorities respond with increased security, parallels can be drawn to past efforts to combat organized crime in urban centers.

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Detectives Accused Kidnapping

Two NYPD detectives, Roberto Cordero and Raymond J. Low, face serious allegations in the shocking kidnapping of Italian crypto investor Michael Carturan. Accused of offering unauthorized protection to the suspects, John Woeltz and William Duplessie, the detectives are linked to a harrowing 17-day ordeal where Carturan was tortured over a Bitcoin dispute. Both have been reassigned as the investigation unfolds.

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