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“Geritol Gang” abduct Financial Advisor

In a rather bazarre story, a group of 60-80 year olds abducted their financial advisor for having lost them £2M in the US real-estate market.

“Two of his kidnappers are said to have hit him with a Zimmer frame outside his home in Speyer, western Germany, before he was bound up with duct tape, bundled into the boot of a car and driven 300 miles to the home of two of the abductors on the shores of Lake Chiemsee in Bavaria…

During his alleged confinement in an unheated cellar, Mr Amburn, 56, claims he was burned with cigarettes, beaten, had two of his ribs broken was hit with a chair leg and chained up ‘like an animal.’

Two men, one aged 60 and the other 74, brought him to one of their home where one of the captor’s 79 year old wife resided.   As he was bound in the basement, another couple, two retired doctors aged 63 and 66 arrived to help torture and harass the financial advisor.

After telling his captors that he could repay the money that they had lost he was able to discretely notify German Police:

“‘I told them that if I sold certain securities in Switzerland they could get their money and for this I had to send a fax to a bank in that country so funds could be transferred.’

They agreed and he sent a fax, but unbeknown to them he scribbled a message on the bottom of the paper for whoever received it to call police.

When the Swiss bank telephoned police in Germany an armed team of commandos was scrambled and the house was stormed in the early hours of Saturday morning.

Forty armed police rescued Mr. Amburn who was naked except for his underwear. A physician had to be on hand to help his captors into police vans because of their various infirmities. “

A warning to all financial advisors to never get between the elderly and the comfort of their twilight years…

Read the full story at the Telegraph

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