The Dismembered Body of a Millionaire with an Affinity for Cryptocurrency and Gambling was Discovered in Suitcases.
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Original Text:Fernando Pérez Algaba, a popular figure on Instagram with nearly a million followers, was into promoting luxury car rentals and cryptocurrency investments. He had a love for gambling as well, which might have proven fatal for him while being based in Argentina.
In the past week, Argentine authorities discovered Algaba's limbs in a suitcase, followed by his head and torso. The search for him began on July 19 after the person who owned the apartment he was renting filed a missing person report when they couldn't reach him.
The Buenos Aires investigators came across Algaba's dismembered body parts in a stream in the city of Ingeniero Budge. They found the rest of his body as they further explored the area. Reports suggest that he was dismembered and put in the suitcases as a reprisal for his unpaid debts.
An Unfortunate Turn of Events
Algaba had traveled from Barcelona, Spain, and took a detour through the United States before arriving in Buenos Aires. He described himself as a successful financial trader who had amassed a fortune in Miami.
Considering his interviews with the media during the years, Algaba seemed well-off, proudly showcasing his luxurious lifestyle through expensive vehicles, European vacations, and even owning two French bulldogs.
However, his financial situation seemed to sour. He reportedly had unpaid taxes to the Argentine tax agency. His company, founded in January 2018, had started bouncing checks within a year.
Additionally, he invested in a cryptocurrency business but suffered significant losses. When his phone was examined as part of the investigation into his disappearance, traces of a chilling message were found: "If something happens to me, everyone is already warned."
His debt situation escalated when he borrowed money from gangs in Argentina, known for being ruthless. He was passionate about gambling and continued to amass more debts. He allegedly owed $40K to one person and $70K to someone else.
A Plethora of Suspects
The individual who lent him $40K was just one of many people Algaba owed. The aforementioned person is only known by the last name, Iglesias.
Another creditor made a menacing threat against Algaba, stating, "I'm telling you that I'm going to tear off your head. The money is mine, and you don't play with mine."
The Buenos Aires Provincial Security Minister has made an arrest in the case, a woman yet to be identified through documents found in one of the suitcases. The search is ongoing, with authorities pursuing several promising leads, likely leading to more arrests in the near future.
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Source: www.casino.org
