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crime6h ago
Feds enter hunt for missing California grandpa linked to crypto fortune
- The FBI has joined the search for Naiping Hou, treating his disappearance as a possible abduction tied to cryptocurrency fraud.
- Investigators say extensive fraudulent activity drained Hou’s bank accounts and included gold and cryptocurrency purchases.
- Hou’s family reports unusual changes in his behavior before he vanished, raising concerns of foul play.
- The family launched a dedicated website and offered a $250,000 reward for information leading to Hou’s safe return.
- Authorities are seeking tips about a silver Toyota Yaris possibly connected to Hou’s disappearance.
- Wen Hou, a hedge fund executive, suggested his father’s wealth in cryptocurrency may have made him a target.
- San Bernardino County Sheriff’s Department and the FBI are coordinating the investigation.
- Hou was last seen in March 2025 and reported missing weeks later, with new concerns arising in May.
- The family offered a $250,000 reward for information leading to Hou’s safe return or the arrest of those responsible.
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