UTS student released after apparent kidnapping

Jingwang Ye, a Chinese student allegedly kidnapped in Sydney and held for a $1.27 million ransom, has been located by NSW police, according to reports in the SMH and News.com.au.

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Police report that the 20 year-old, a student at the University of Technology, Sydney, was last seen on Friday, August 23, but was located by police on September 1 after his father allegedly paid the 80 bitcoin ransom.

His father was sent a video showing him with a bloodied and beaten face, with a warning that he would have an “accident” if the ransom was not paid.

“A man has been located safe and well following his disappearance and suspected abduction last month,” NSW Police said.

““Following extensive investigations, the man was located by police at Mooney Mooney on the state’s Central Coast about 5.30pm on Sunday, 1 September.”

Police would not confirm that the ransom had been paid, but Shanghaiist reports that this is what secured the student’s release.

The SMH reports that the Chinese consulate in Sydney is monitoring the case and “urged Chinese citizens in Australia to be mindful about their safety.”

A UTS spokesman told Nine that the university had offered Mr Ye and his family counselling, while Mr Ye’s father declined to comment.