A former US Navy has been arrested in Thailand for an alleged kidnapping of $ 3 million for a ransom revenge plot.
Louis William Ziskin, 52, with the help of three other accomplices, reportedly caught Taiwanese businessman Wen Yu Chung, 60, in broad daylight at a Bangkok restaurant on March 28.
They were allegedly angry after a failed trade deal in which Chung sold them rubber gloves for 93 million baht ($ 2.95 million), which turned out to be of poor quality.
Louis, along with fellow American Jeremy Hughes Manchester, 41, Thai cop Kritsnaporn Thapthawee, 59, and another Thai man Prasit Narit, 28, reportedly demanded money from Chung before he could be released.
Download the NBC News app for the latest news and politics
However, the businessman’s family refused to pay the massive ransom of three million dollars and contacted local authorities for help. This allegedly put pressure on the group and freed the Taiwanese in a hospital before their arrest on May 15.
Police Lieutenant General Jiraphop Phuridet said Louis and his alleged accomplices had paid 300,000 baht ($ 9,526) in bail, but that they would have to wear electronic surveillance bracelets to prevent them from fleeing the country.
He said, “Their attorneys successfully applied for bail. They should wear the bracelets at all times. They were also barred from leaving Thailand. Chung’s boss, who was also her mother, did not wanted to follow up on their requests and contacted us to help them with the situation.
The kidnappers then left him in the hospital for medical treatment because he was physically assaulted. The Taiwanese then reported the situation to us. He has identified eight people but we have arrested four so far. are still hidden. “
The group reportedly bought nitrile gloves for industrial use from Chung in December 2020, but reportedly lost 93 million baht ($ 2.95 million) after the businessman refused to provide replacements. They then set out to devise a revenge plot to recover some of their losses.
An Israeli detective identified as Michael Greenberg hired by Louis is said to have planned the kidnapping, but he has not been arrested and the police are said to be still looking for him.
The group has been accused of racketeering, extortion, kidnapping for ransom, among others which they have denied.