Overview

• Michael Valentino Teofrasto Carturan, a 28-year-old Italian tourist, was kidnapped and tortured for two weeks in a luxury Manhattan apartment rented by John Woeltz.
• Woeltz, a 37-year-old cryptocurrency trader from Kentucky, was arrested and is being held without bail on charges including kidnapping and assault.
• The kidnapping was allegedly motivated by an attempt to extort cryptocurrency account passwords from Carturan, with evidence of severe physical and psychological torture found at the scene.
• Beatrice Folchi, a 24-year-old Italian woman, was also arrested in connection with the case but has since been released without formal charges pending further investigation.
• Authorities are actively pursuing leads on a third suspect believed to have been involved in the kidnapping.