Cryptocurrency ransom demand for Norwegian millionaire's missing wife

Marsha Scott
January 10, 2019

The wife of a wealthy Norwegian businessman has been kidnapped, and those responsible are reportedly asking for the 9million Euro (10 million USD) ransom to be paid in privacy coin Monero (XMR).

"As things now stand, we advise the family not to pay", Police Inspector Tommy Broeske said at a news conference, per Reuters, noting there's been no sign since October to show Hagen, 68, is safe. "Police have so far advised the family not to meet the requirements".

Her husband Tom Hagen - a real estate investor and owner of power facilities - is number 172 on a list of the country's 400 most wealthy people published by Norway's financial magazine Kapital.

To add on, since the disappearance of Falkevik Hagen, the police have not found any evidence with respect to her safety, according to the reports. The demand is also one of the reasons for the police to believe that this could be a kidnapping case.

A ransom of 9 million euros (roughly R144 million) has been demanded for Anne-Elisabeth Falkevik Hagen, who has been missing since October 31, according to Oslo daily VG.

At centre, a view of the home of Norwegian billionaire Tom Hagen and his wife Anne-Elisabeth Falkevik Hagen in Fjellhamar. Police have been "on the case for several weeks".

Norwegian tabloid Verdens Gang, quoting unnamed sources, reported that a ransom demand corresponding to €9m had been made, payable in the Monero cryptocurrency.

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Broeske said "those behind have chosen to communicate digitally and we have had no other type of contact".

"We have no suspects in this case", he said.

The kidnappers are demanding nine million euros [$10 million] in the cryptocurrency, Monero.

It said Mrs Hagen appeared to have been abducted from the bathroom of her home and that there had been "limited dialogue" with the alleged kidnappers over the internet. Norwegian police have also engaged worldwide counterparts in Interpol and Europol as part of the probe.

Family lawyer, Svein Holden, told reporters: 'The family sees this as a cruel and inhumane act.

Police said the woman disappeared about 31 miles from the Swedish border.

Other reports by MaliBehiribAe

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