California Sheriffs Believe 74-Year-Old’s Disappearance Linked to Son’s Crypto Fortune

In brief

  • A 74-year-old man disappeared in May after leaving home without his phone.
  • Authorities believe the disappearance is linked to the man’s family’s crypto fortune. They’ve found evidence of fraudulent activity and impersonation of him to communicate with family members.
  • The man’s son, a hedge fund executive, believes someone stole his father’s identity and drained over $1 million from his accounts.

Naiping Hou, 74, left home on a Monday without his phone and never came back. Local law enforcement believes the disappearance is linked to his family’s crypto holdings.

Days later, his silver Toyota Yaris was found abandoned near a hiking trail in Rancho Cucamonga.

He was declared missing on May 4 and sheriff’s deputies now suspect Hou…

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