Singaporean kidnapped in Thailand by fellow countryman, ransom paid in bitcoin
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Mr Mark Cheng is the co-founder of Avelife, an NGO which focuses on social enterprise.
Hathai Techakitteranun, Hathai Techakitteranun Thailand Correspondent In Bangkok
A Singaporean man was kidnapped by his compatriot in Thailand last week and released after transferring bitcoin worth some 1.4 million baht (S$62,400) to his captor, the police told The Straits Times yesterday.
The kidnapper has been arrested and most of the loot recovered.
