A Singaporean national – Lee Wei Kim – has been taken into custody for kidnapping his business colleague Mark Cheng Jin Quan, 32,  in Thailand this week. Thai actor Chano Pemberger, whose car police said was used in the kidnapping, is also under investigation as his vehicle was tagged in the alleged crime. Thailand news source Thairath said the vehicle used in the kidnapping was registered to Pemberger, a  24-year-old actor who appeared in several soap operas some years ago. 

More from the Bankok Post:

Thai police Sunday arrested the alleged kidnapper, Singaporean Lee Wei Kim, and recovered most of the ransom, worth THB1.4 million (US$46,000) and paid in bitcoin by Mark Cheng Jin Quan.

Cheng, who is no angel – was charged in Singapore last year with dishonest misappropriation of over S$300,000 from an investment company in 2014 and is now out on bail. Hew founded a startup nonprofit called Avelife Foundation and a mere four years ago was personally granted an award from Queen Elizabeth for a project that helped the elderly exchange recyclable materials for groceries. 

The two men appear to have met via the Bitcoin community in Singapore.  

“I didn’t expect my friend to be involved. I really don’t know who I can trust now,” Cheng was quoted in The New Paper. 

Event though Cheng paid his captors more than $60,000 in Bitcoin for his freedom, he told police Kim was still going to execute him at gunpoint until he managed to escape at the last minute.

According to the Straight Times, Cheng and Lee flew into Bangkok’s Suvarnabhumi International Airport last week and caught a taxi together. The alleged kidnapper Lee asked to stop at a petrol station about an hour southeast of the capital in Chachoengsao province, where they were said to be ambushed by a group of masked men and hustled into a black Ford Ranger then they were taken north to the Kabin Buri district of Prachinburi province.

Cheng was then beaten and forced to pay bitcoin for his freedom but managed to escape. 

The police hunted down Lee and soon arrested him Sunday at a Bangkok hotel and managed to recover most of the stolen funds from him. 

He was charged with robbery, illegal detention, assault and illegal firearms possession. The police said he confessed to all counts including robbery, illegal detention, assault and illegal firearms possession. 

About Richard Kastelein

Founder and publisher of industry publication Blockchain News (EST 2015), a partner at ICO services collective Token.Agency ($750m+ and 90+ ICOs and STOs), director of education company Blockchain Partners (Oracle Partner) – Vancouver native Richard Kastelein is an award-winning publisher, innovation executive and entrepreneur. He sits on the advisory boards of some two dozen Blockchain startups and has written over 1500 articles on Blockchain technology and startups at Blockchain News and has also published pioneering articles on ICOs in Harvard Business Review and Venturebeat. Irish Tech News put him in the top 10 Token Architects in Europe.

Kastelein has an Ad Honorem – Honorary Ph.D. and is Chair Professor of Blockchain at China’s first Blockchain University in Nanchang at the Jiangxi Ahead Institute of Software and Technology. In 2018 he was invited to and attended University of Oxford’s Saïd Business School for Business Automation 4.0 programme.  Over a half a decade experience judging and rewarding some 1000+ innovation projects as an EU expert for the European Commission’s SME Instrument programme as a startup assessor and as a startup judge for the UK government’s Innovate UK division.

Kastelein has spoken (keynotes & panels) on Blockchain technology in Amsterdam, Antwerp, Barcelona, Beijing, Brussels, Bucharest, Dubai, Eindhoven, Gdansk, Groningen, the Hague, Helsinki, London (5x), Manchester, Minsk, Nairobi, Nanchang, Prague, San Mateo, San Francisco, Santa Clara (2x), Shanghai, Singapore (3x), Tel Aviv, Utrecht, Venice, Visakhapatnam, Zwolle and Zurich.

He is a Canadian (Dutch/Irish/English/Métis) whose writing career has ranged from the Canadian Native Press (Arctic) to the Caribbean & Europe. He’s written occasionally for Harvard Business Review, Wired, Venturebeat, The Guardian and Virgin.com, and his work and ideas have been translated into Dutch, Greek, Polish, German and French. A journalist by trade, an entrepreneur and adventurer at heart, Kastelein’s professional career has ranged from political publishing to TV technology, boatbuilding to judging startups, skippering yachts to marketing and more as he’s travelled for nearly 30 years as a Canadian expatriate living around the world. In his 20s, he sailed around the world on small yachts and wrote a series of travel articles called, ‘The Hitchhiker’s Guide to the Seas’ travelling by hitching rides on yachts (1989) in major travel and yachting publications. He currently lives in Groningen, Netherlands where he’s raising three teenage daughters with his wife and sailing partner, Wieke Beenen.

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