Investigators say the group allegedly lured the man back from Italy to access his cryptocurrency account and then kidnapped and tortured him for weeks.

The investor, 37-year-old John Woeltz, and another man abused their victim for three weeks in a Manhattan townhouse as they tried to get his Bitcoin password, prosecutors say.

Two people were arrested in New York City on Friday for the kidnapping and torture of a tourist from Italy, according to police.