Louis William Ziskin, with the help of three other accomplices, allegedly nabbed Taiwanese businessman Wen Yu Chung.
Two US Marines – including a businessman who became a Forbes featured CEO after 12 years in prison for drug smuggling – have been arrested for the brazen broad daylight kidnapping of a Taiwanese businessman from a restaurant.
Louis William Ziskin, 52, and Jeremy Hughes Manchester, 41, were two of four people arrested by Thai law enforcement in connection with an alleged $2.95million revenge ransom plot kidnapping which was captured on camera.
Surveillance footage from the Bangkok restaurant shows Taiwanese businessman Wen Yu Chung being grabbed by the throat and arms and dragged out of the L’Oliva restaurant in Bangkok’s Sukhumvit Soi 36, as staff watched.
Thai law enforcement arrested Ziskin, Manchester, Thai cop Kristsnaporn Thapthawee and Thai man Prasit Narit for the kidnapping which was allegedly carried out over a PPE deal gone wrong. Thai media reported that the American duo were both Marines. Ziskin has denied the allegations.
In 2020, Ziskin bought nearly $3million in nitrile gloves from Paddy The Room Trading Company Limited, the Bangkok Post reported.
But gloves were poor quality, so Ziskin lost $2.95million dollars and wanted Chung, a representative of Paddy The Room Trading Company Limited, to give him back the money, but Chung refused, Thai law enforcement said.
Ziskin is accused of hiring Israeli detective Michael Greenberg, who allegedly came up with the abduction and ransom plot, Bangkok post reported.
The suspects kidnapped Chung and demanded $2.95million from Chung’s family and employer, who refused and called law enforcement, the foreign media outlet reported.
This allegedly pressured the group into eventually releasing the Taiwanese man at a hospital before they were arrested on May 15.
Video released by Thai law enforcement show several Thai officers in tactical gear outside of his hotel door demanding Ziskin open the door.
A translator was with the group yelling, ‘Just come out or we will break into your room. Please come out easily.’
The officers broke through the door, and the video picks up with Ziskin and translator calmly talking in the hotel room.
Ziskin told the translator, ‘They know the system, and they use you guys (the police) every step of the way. They make crazy reports.’
Ziskin, who was wearing a T-shirt with the slogan ‘why do I feel like I am surrounded by idiots’, was taken downstairs in an elevator surrounded by several officers.
The video picks up again with Manchester being escorted out in handcuffs by heavily-armed Thai police officers.
The two Americans and their alleged accomplices paid nearly $10,000 for bail, but have to wear ankle monitors and can’t leave Thailand.
Chung said a total of eight people were involved in the kidnapping – four remain at large.
Greenberg is one of the four who are still on the loose.
The group was charged with racketeering, extortion, abduction for ransom, among others which they have denied.