Crypto entrepreneur John Woeltz accused of kidnapping, torture of ex-business partner in SoHo apartment ordered held without bail
SOHO, Manhattan (WABC) — A man who was charged in the kidnapping and torture of a former crypto business partner for weeks in a SoHo apartment was ordered held without bail.
John Woeltz, 37, was arraigned on Saturday morning after being arrested and charged with assault, kidnapping, unlawful imprisonment and criminal possession of a firearm.
The judge in the case remanded Woeltz and ordered him to surrender his passport. His next court date is scheduled for May 28.
(Video featured in the media player above is from a previous report.)
Police arrested and charged two people, including Woeltz, in connection to the SoHo apartment incident on Friday. Officials say Woeltz lived at the address on Prince Street.
A second suspect, a female, was also…
