Story perspectives

Russian Crypto Fraudster Kidnapped, Killed Over $500M Ransom

11/7/2025

39 5

Summary

Story summary

Roman Novak, a Russian cryptocurrency fraudster, and his wife Anna were kidnapped and killed in the United Arab Emirates after allegedly being held for ransom.
Local media report that the suspects, also Russian citizens, have been detained and will be extradited to Saint Petersburg.
Novak had defrauded investors of about USD 500 million.
The National Crime Agency is investigating a broader Russian money laundering operation linked to the United Kingdom.

1 of 1

Story summary

Roman Novak, a Russian cryptocurrency fraudster, and his wife Anna were kidnapped and killed in the United Arab Emirates after allegedly being held for ransom.
Local media report that the suspects, also Russian citizens, have been detained and will be extradited to Saint Petersburg.
Novak had defrauded investors of about USD 500 million.
The National Crime Agency is investigating a broader Russian money laundering operation linked to the United Kingdom.