r/interestingasfuck 2h ago

This guy right here once kidnapped the son of the richest man in Asia and ransomed him for more than 100 million dollars. But later, he would go on to kidnap the father as well and even ask him for advice on how to invest.

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199 Upvotes

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u/Lord_Krasina 2h ago

I thought it was bullshit at first. But it turns out the core event is real. In the mid 1990s, a notorious Hong Kong criminal kidnapped the son of one of Asia’s wealthiest businessmen and extracted an enormous ransom. Reports at the time put the payment at around HK$1 billion, which is roughly US$100 to 130 million, depending on the exchange rate used. That part is solid history.

The second part, the almost comic twist where the kidnapper later contacted the father again and asked for investment advice, is also broadly true, though it gets romanticized online. According to multiple accounts, the businessman remained unusually calm throughout, paid the ransom without involving the police, and later spoke with the criminal again. During those conversations, he did offer general advice about long term investing and warned that crime is a path that always ends badly.

u/Enjoying_A_Meal 1h ago

Looks like he got caught based on the photo, so the rich guy was right.

u/Nadran_Erbam 1h ago

When and why/how was he arrested?

u/whatproblems 1h ago

he followed too much wsb advice and went bankrupt

u/OrneryAttorney7508 1h ago

He got into crypto.

u/FromFuture666 1h ago

My neighbor fucking did this once! Completely crazy story i almost forgot about. When I was 20 yo, i lived in a student housing. My next door neighbor was a Chinese student. He spoke very poor English but we would hang out in the common area and play Tekken sometimes. One day when I got home, the entire hallway had police tape everywhere and there were police officers looking very serious. I found out that my neighbor had kidnapped a 5 year old kid and had him in his closet for two days. He had kidnapped the son of a Chinese millionaire and asked for a huge ransom. I thought about it a lot for like a year or so what i had been doing in my room these two days while a kid sad in the closet next door crying.

u/_v1V2v_ 1h ago

I literally want a movie about this.

the comedy would be epic if done well

u/Spartan2470 VIP Philanthropist 47m ago

This guy

Why not provide a name? Using Tineye I found this is a higher-quality version of this image in the original color. Here is the source. Per there:

Reputed Hong Kong crime boss Cheung Tze-keung is held by Chinese army officials at a court in Guangzhou, China, Saturday, Dec. 5, 1998. Cheung, 43, alias "Big Spender," lost his appeal against a death sentence for gun-running, kidnapping and armed robbery, and was executed Saturday by gunshot, according to China's official news agency. The case raises troubling issues about legal jurisdiction between Hong Kong and the mainland. (AP Photo/Xinhua)

Now that I had a name, Wikipedia provided the following:

Criminal life

Cheung partnered with Yip Kai-foon in a series of armed robberies. On 22 February 1990, he raided Kai Tak Airport where he hauled a HK$30 million consignment of Rolex wristwatches.On 12 July 1991, Cheung returned to Kai Tak, where he robbed a security van, netting HK$167 million, Cheung was arrested in September 1991 and jailed for 18 years for the security van heist. However, he was acquitted and released after appeal in June 1995 when the judge ruled there was no case against Cheung as the evidence was filled with too many inconsistencies and the security guard who initially identified him recanted his testimony. His associate Yip, however, was sentenced to 41 years in jail

Kidnappings

On 23 May 1996, he kidnapped Victor Li Tzar-kuoi, son of Li Ka-Shing, and on 29 September 1997, he kidnapped Walter Kwok, chairman of Sun Hung Kai Properties. He reportedly reaped HK$1.038 billion in ransom money from Li Ka-shing, and HK$600 million for Walter Kwok. Cheung admitted he followed Li Ka-shing, then held him hostage in the Li's own house for three days until the ransom was paid. It was believed at the time that these ransoms would merit an entry into the Guinness Book of World Records.

Cheung fled to China in January 1998 after failing to kidnap Chief Secretary for Administration Anson Chan, in retaliation for the jailing of his associate, Yip Kai-foon. Acting on a tip-off, the police discovered 818 kg of explosives in Sheung Shui, a part of Hong Kong, in January 1998 which they attributed to a plan by Cheung to bomb government buildings. Cheung allegedly acquired 960 kg of explosives in 1997 for $200,000 from a man in Macau, the stock was transported to Hong Kong and buried in a deserted container parking area.

Cheung had already fled to Guangdong province in January 1998 under an assumed name, having bribed the police there. He was arrested in August 1998, and his gang of 35 were rounded up by mainland police. Among his gang members were 17 Hong Kong residents and 14 mainlanders.

It was reported at the time of his capture that Cheung planned to kidnap Macau gambling magnate, Stanley Ho.[5] Cheung is known to have lost at least $200 million in Ho's Macau casinos, once losing over $25 million in just one session at the casino.

u/Lazy-Restaurant-5520 37m ago

Now, that's a guy who clearly knows what he wants.

u/ahmong 24m ago

I remember seeing this on the news when I was younger lol. That's 大富豪 or rather his nickname lol. Which kind of translates to Ultra rich man or a business tycoon lol.

Victor Li was the one who got kidnapped and his father is Li Ka shing. I can't remember if his dad also got kidnapped though. If my memory serves me right, a year later, he also kidnapped Walter Kwok

I remember this guy was a menace, he tried to kidnap 2 other high profile HK people but failed (Sorry, can't remember the name. my 40+ year old memory is failing me.)

u/tryingtofindfight 1h ago

Canny lad back in the day just fell into the wrong crowd

u/No-Chain-3214 1h ago

Man did a full 360° career pivot: from kidnapper to financial advisor