The dismembered body parts of Fernando Pérez Algaba, a crypto millionaire and luxury car rental owner, were discovered in a suitcase in Argentina, according to reports. Authorities suspect that professionals were involved in the amputation, as an autopsy revealed that Algaba was shot before being cut into pieces.
The Argentinian police have launched an investigation into the mysterious death of Algaba, whose body parts were found in a suitcase in the town of Ingeniero Budge, Buenos Aires province. Algaba was reported missing on July 19 after failing to return the keys to an apartment he had rented or answer his phone.
Algaba’s remains were found by children whose parents then alerted the Buenos Aires police. Authorities found his legs and forearm in the suitcase, another arm in a stream, and later discovered his head and torso on July 26.
While the motive behind Algaba’s murder remains unknown, the clean cuts suggest the involvement of an expert. An autopsy also revealed that Algaba was shot three times before being dismembered.
Before his death, Algaba, 41, operated a luxury car and jet ski rental business in Miami before relocating to Barcelona, Spain, earlier this year. He claimed to have started working at the age of 14, selling sandwiches and later venturing into acquiring vehicles for repair and resale.
Algaba’s hard work seemed to pay off, as he owned a large warehouse filled with expensive cars, jet skis, and motorcycles by the age of 24. His Instagram page, which boasts over 900,000 followers, primarily featured pictures of him in luxurious cars.
The entrepreneur was also known as a crypto trader and operated an office in Buenos Aires with 25 employees. He claimed to have made millions through his luxury vehicle rental business and cryptocurrency trading.
Interestingly, Algaba was heavily in debt, with his company, “Motors Lettuce SRL,” bouncing checks less than a year after its establishment. This led to an “irrevocable” debt with the Argentinian tax agency. He also faced trouble with the Barra Bravas gang, who demanded a $40,000 loan from him. Algaba had even sent a message stating, “If something happens to me, everyone is already warned.” He also mentioned losing a significant amount of money in crypto investments.
While investigations into Algaba’s murder are ongoing, the police have arrested a suspect in connection with the case.
Algaba’s death adds to the list of crypto-related deaths in 2022. These include the sudden passing of Tiantian Kullander, co-founder of Amber Group, the death of billionaire crypto businessman Vyacheslav Taran in a helicopter crash, and the alleged drowning of MakerDAO developer Nikolai Mushegian in Puerto Rico.
The crypto community is left shocked by these tragic incidents, raising concerns about the safety and security surrounding the industry. Authorities are working diligently to uncover the truth behind these deaths and bring justice to the victims and their families.