Close Menu
Finance Pro
  • Home
  • Art Gallery
  • Art Investment
  • Art Stocks
  • Cryptocurrency
  • Finance
  • Investing in Art
  • Investments
Facebook X (Twitter) Instagram
Trending
  • During Infrastructure Week, Governor Newsom announces $540 million investment to improve infrastructure statewide, connecting Californians to reliable and safe transportation – California State Portal | CA.gov
  • Mexico Data Center Market Investment & Growth Report 2026-2031 Featuring Key DC Investors – AWS, Ascenty, Equinix, Google, HostDime, KIO, Mexico Telecom Partners, Microsoft, ODATA, Scala – Yahoo Finance UK
  • EU Opens Public Consultation to Review MiCA Cryptocurrency Regulations
  • What actually is ‘reasonable financial provision’ for the purposes of the Inheritance (Provision for Family and Dependants) Act 1975? McDaniel v Talbot & Anor [2026] EWHC 928 (Ch) – Today's Wills and Probate
  • Regulator tells property lender Kingscrown Finance to stop taking on new customers
  • South Asian show at carwright Hall draws new Bradford audiences
  • Walthamstow Art Trail to return in June for 20th anniversary
  • Finance minister highlights AI capacity building for developing nations at G7
  • Privacy Policy
  • Terms and Conditions
  • Get In Touch
Finance ProFinance Pro
  • Home
  • Art Gallery
  • Art Investment
  • Art Stocks
  • Cryptocurrency
  • Finance
  • Investing in Art
  • Investments
Finance Pro
Home»Cryptocurrency»Cryptocurrency fraudster and his wife ‘watched each other being tortured to death after kidnappers failed to access their £380million’
Cryptocurrency

Cryptocurrency fraudster and his wife ‘watched each other being tortured to death after kidnappers failed to access their £380million’

December 2, 20254 Mins Read

[ad_1]

A convicted cryptocurrency fraudster and his wife watched each other being tortured to death after kidnappers failed to access their £380million, according to Russian investigators.    

Roman Novak and his wife Anna vanished on October 2 after being lured to the Hatta resort area, around 80 miles from Dubai, by criminals pretending to be potential investors. 

Their mobile phones last pinged near the barren Hajar mountains on the border with Oman, where police later uncovered the couple’s remains during a large-scale search across a 500-by-500-metre stretch of sand.

Russian media have revealed fresh details about what happened after the pair were abducted, saying the couple were tortured in front of each other as their captors tried to force access to their cryptocurrency wallets. 

Those accounts say that when the codes were produced, the wallets were empty. The killers then packed the bodies into heavy polyethene bags and used industrial-strength solvents to speed decomposition and destroy DNA traces.

An investigation began after relatives alerted Dubai police that the couple had gone missing and were believed to have been kidnapped. 

Roman, who in 2020 was sentenced to six years in prison in Russia for large-scale fraud, moved to the UAE after being granted parole. 

There, he launched a crypto app called Fintopio, for which he reportedly attracted £380 million in investment before being accused of defrauding backers. 

That figure is believed to be the sum the kidnappers were attempting to seize.

Roman Novak and his wife Anna disappeared on October 2 after they were lured by kidnappers pretending to be investors. They were forced to watch each other being tortured to death

Roman Novak and his wife Anna disappeared on October 2 after they were lured by kidnappers pretending to be investors. They were forced to watch each other being tortured to death

After a large scale search, police found the couple's bodies across a 500-by-500-metre stretch of sand

After a large scale search, police found the couple’s bodies across a 500-by-500-metre stretch of sand

Svetlana Petrenko of the Russian Investigative Committee said: ‘The investigation has established that the killers had accomplices who helped organise the abduction. 

‘They rented cars and premises where the two victims were held by force. After the murder, the perpetrators disposed of the knives and the victims’ personal belongings, leaving them in different emirates.’

Three Russian citizens have now been arrested in St Petersburg after returning from the UAE. 

They were named as former police officer Konstantin Shakht, Yury Sharypov and Vladimir Dalekin. 

Investigators say the men are suspected of direct involvement in the kidnapping and killings. 

Sharypov and Dalekin have both pleaded guilty, while Shakht denies the charges. All three have been remanded in custody until December 28 as the investigation continues across both Russia and the Emirates.

Police in the UAE have not yet released a comment on the cross-border inquiry. 

The motive is believed to be solely financial, linked to Novak’s crypto operations and the vast sums reportedly held under his control. 

Officials in Russia say more arrests could follow as they attempt to identify the full network behind one of the country’s most shocking overseas murder cases in recent years.

Former police officer, Konstantin Shakht, was named as one of the main suspects in the crime. Officers say three people were apprehended upon returning from the UAE

Former police officer, Konstantin Shakht, was named as one of the main suspects in the crime. Officers say three people were apprehended upon returning from the UAE

A video was released showing heavily armed cops raiding a building and arresting suspects they say were involved in the couple's deaths

A video was released showing heavily armed cops raiding a building and arresting suspects they say were involved in the couple’s deaths

The couple are said to have been driven to Hatta by their personal driver before boarding another vehicle for the rest of their journey. 

Novak then messaged his contacts from his phone, telling them he was ‘stuck in the mountains on the Oman border’ and urgently needed £152,000. Investigators say contact with the couple was lost shortly afterwards. 

Their phones were then traced to Hatta, Oman, and Cape Town before the signals were lost in early October. 

Detectives said they believed their phones were deliberately turned on in those locations in order to confuse investigators. 

In dramatic footage, three suspects were shown being detained by heavily armed cops in St Petersburg, and the Stavropol and Krasnodar regions of Russia.

Before his disappearance, Novak was under investigation over the alleged theft of £38million from crypto investors. He had allegedly presented his dealings with them on the pretext of business development. 

He also often boasted of his connection to wealthy people, including Pavel Durov, the billionaire owner of the Telegram social media network. The couple were known for their luxurious lifestyle. 

Novak was the founder of Fintopio, which claimed to provide quick cryptocurrency transfers and partnerships with top tech companies. The platform is said to have attracted investors from China and the Middle East. 

[ad_2]

Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

EU Opens Public Consultation to Review MiCA Cryptocurrency Regulations

May 20, 2026 Cryptocurrency

Bitcoin slumps to a two-week low as Iran war builds pressure on cryptocurrency

May 17, 2026 Cryptocurrency

Investors Flocking to Super-Anonymous Cryptocurrency Used for the Sketchiest Stuff Imaginable

May 17, 2026 Cryptocurrency

#CryptoCornerSeason2 | Crypto Corner powered by Binance Kea Credit's Jo DSilva To @CNBCTV18News – Real World Asset Tokenisation has hit $370 bn as of April 2026 – BCG is estimating assets worth $60-64 tn to come on chain by end of 2030 Manisha – LinkedIn

May 15, 2026 Cryptocurrency

Australia’s Capital Gains Tax Overhaul Set to Impact Cryptocurrency Investors

May 14, 2026 Cryptocurrency

T3 Financial Crime Unit Seizes Over $450M in Criminal Cryptocurrency Operations

May 14, 2026 Cryptocurrency
Add A Comment
Leave A Reply Cancel Reply

Don't Miss

During Infrastructure Week, Governor Newsom announces $540 million investment to improve infrastructure statewide, connecting Californians to reliable and safe transportation – California State Portal | CA.gov

May 20, 2026 Investments 1 Min Read

[ad_1] During Infrastructure Week, Governor Newsom announces $540 million investment to improve infrastructure statewide, connecting…

Mexico Data Center Market Investment & Growth Report 2026-2031 Featuring Key DC Investors – AWS, Ascenty, Equinix, Google, HostDime, KIO, Mexico Telecom Partners, Microsoft, ODATA, Scala – Yahoo Finance UK

May 20, 2026

EU Opens Public Consultation to Review MiCA Cryptocurrency Regulations

May 20, 2026

What actually is ‘reasonable financial provision’ for the purposes of the Inheritance (Provision for Family and Dependants) Act 1975? McDaniel v Talbot & Anor [2026] EWHC 928 (Ch) – Today's Wills and Probate

May 20, 2026
Our Picks

During Infrastructure Week, Governor Newsom announces $540 million investment to improve infrastructure statewide, connecting Californians to reliable and safe transportation – California State Portal | CA.gov

May 20, 2026

Mexico Data Center Market Investment & Growth Report 2026-2031 Featuring Key DC Investors – AWS, Ascenty, Equinix, Google, HostDime, KIO, Mexico Telecom Partners, Microsoft, ODATA, Scala – Yahoo Finance UK

May 20, 2026

EU Opens Public Consultation to Review MiCA Cryptocurrency Regulations

May 20, 2026

What actually is ‘reasonable financial provision’ for the purposes of the Inheritance (Provision for Family and Dependants) Act 1975? McDaniel v Talbot & Anor [2026] EWHC 928 (Ch) – Today's Wills and Probate

May 20, 2026
Our Picks

UK finance ministry presses supermarkets to cap food prices, sources say

May 19, 2026

Welsh painter and art teacher has enjoyed a successful 14 months in Shetland, before recently receiving the dream offer of opening her own gallery in Fife

May 19, 2026

ChatGPT Can Now Access Your Bank Account — As OpenAI Expands Into Personal Finance

May 19, 2026
Latest updates

During Infrastructure Week, Governor Newsom announces $540 million investment to improve infrastructure statewide, connecting Californians to reliable and safe transportation – California State Portal | CA.gov

May 20, 2026

Mexico Data Center Market Investment & Growth Report 2026-2031 Featuring Key DC Investors – AWS, Ascenty, Equinix, Google, HostDime, KIO, Mexico Telecom Partners, Microsoft, ODATA, Scala – Yahoo Finance UK

May 20, 2026

EU Opens Public Consultation to Review MiCA Cryptocurrency Regulations

May 20, 2026
Weekly Updates

Larissa Sansour’s exhibition | Meer

October 9, 2024

It’s PhDs Against MBAs in Credit Investing as Quants Jump In

May 20, 2024

Grip Invest marks $100 million in annualised investments

January 22, 2025
  • Privacy Policy
  • Terms and Conditions
  • Get In Touch
© 2026 Finance Pro

Type above and press Enter to search. Press Esc to cancel.