Quadruple kidnapping linked to cryptocurrencies in Old Montreal

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The SPVM has set up a command post on rue de la Commune, in Old Montreal, to elucidate this kidnapping case linked to cryptocurrencies.

Photo: Radio-Canada / Hugo Therrien

Posted at 3:01 p.m. EDTUpdated at 3:45 p.m. EDT

The Montreal City Police Service (SPVM) is investigating the kidnapping of four people, a man and three women, which occurred Friday morning in Old Montreal. The motive for the crime is believed to be linked to cryptocurrencies.

According to our information, a 25-year-old man was kidnapped early Friday morning from a luxury apartment on rue de la Commune. Three women who were also there were also reportedly kidnapped.

Our police sources involved in the case affirm that the motive for the crime is linked to cryptocurrencies. The police have reasonable grounds to believe that the lives of the kidnapping victims would be in danger.


Pascal Robidas’ report

Several police resources have been deployed on the ground for several hours already to locate them. Teams specializing in major crimes supported the work of investigators.

At the beginning of the afternoon, Laval police found a burnt out sport utility vehicle at the intersection of Les Érables and Les Plaines streets.

Still according to our information, not only would the vehicle be linked to the ongoing investigation in Old Montreal, but it would likely have been used to transport the victims of the kidnapping.

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