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11 months ago
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Canada's self-proclaimed 'crypto king' continues to lead a jet-set lifestyle, traveling to Miami, Los Angeles, and London and cruising in a McLaren and a Lamborghini, despite ongoing bankruptcy proceedings.
Aiden Pleterski, 25, has been extensively traveling, attending sports matches, boat tours, and parties worldwide, while his investors are on the hunt for the $29 million (CA $40 million) they entrusted to him.
His recent social media posts capture his extravagant international trips, including a Halloween party in LA, a Top Golf driving range in Miami, and a boxing match in Manchester.
'I'll just pay everything in cash at the end,' he told a waitress as he livestreamed the golf driving range earlier this month, as reported by CBC.
Pleterski is accused of scamming $29 million from investors, with only $2.2 million recovered through the bankruptcy proceedings.
Aiden Pleterski (pictured last month in London), 25, continues to lead a jet-set lifestyle, jetting off to Miami, Los Angeles, and London while cruising in a McLaren and a Lamborghini, despite undergoing bankruptcy proceedings
A total of $700,000 went to the mansion Pleterski lived in, including both rent and a down payment to eventually buy it, according to CTV News
The ongoing bankruptcy proceedings appear ineffective in curbing the 25-year-old's extravagant lifestyle, which saw him jet around the world; buy numerous properties; and keep a garage of supercars including a Lamborghini, McLaren and BMWs
Pleterski (pictured in Los Angeles last month) has been extensively traveling, attending sports matches, boat tours, and parties worldwide, while his investors are on the hunt for the $29 million (CA $40 million) they entrusted to him
The trustee's investigation revealed that Pleterski only invested two percent of the funds intended for investment in cryptocurrency and foreign exchange, while spending the rest on himself.
The ongoing bankruptcy proceedings appear ineffective in curbing the 25-year-old's extravagant lifestyle, which saw him jet around the world; buy numerous properties; and keep a garage of supercars including a Lamborghini, McLaren and BMWs.
'He has access to funds,' Norman Groot, a fraud-recovery lawyer in Toronto, told CBC Toronto.
'It would seem that Mr. Pleterski is not deterred by anything that has gone on litigation-wise in the bankruptcy to continue on his reckless type of spending,' he said.
Rob Stelzer, the trustee and senior vice-president at accounting firm Grant Thornton, said he has been aware of Pleterski's social media posts.
'Although there is no prohibition regarding the travel of a bankrupt, the nature and amount of travelling has been lavish,' spokesperson Lindsay Barnes told the outlet.
'The Trustee believes that this conduct should be taken into account by the Courts when considering any request Pleterski may make to be discharged from bankruptcy.'
'The Trustee did make two separate recommendations to the Court that Pleterski be incarcerated for failing to fully comply with his duties as a bankrupt but the Court did not grant the Trustee's requests at that time.'
Under the Bankruptcy and Insolvency Act, a trustee can't seize the passport of a bankrupt, Barnes said.
DailyMail.com has reached out to Pleterski's lawyer, Micheal Simaan, but he did not respond to requests for comment about how his client is paying for his trips and lifestyle.
His recent social media posts capture his extravagant international trips, including a Halloween party in LA, a Top Golf driving range in Miami, and a boxing match in Manchester
Pleterski attended a boxing match in Manchester last month
The trustee's investigation revealed that Pleterski only invested two percent of the funds intended for investment in cryptocurrency and foreign exchange, while spending the rest on himself
Under the Bankruptcy and Insolvency Act, a trustee can't seize the passport of a bankrupt, Barnes said
Pleterski, who used to style himself as a cryptocurrency genius, now said he is a professional streamer on social media.
'We're unemployed with income. That's what I told the bank alright? Because technically that's what a streamer is, a streamer's unemployed with income,' he said during a livestream.
'I don't travel a crazy amount, you guys think I do, but literally it's for content,' he said during another livestream.
Earlier this month, he mentioned being in Miami and planed to fly to Australia before heading to Los Angeles.
'I'm out here chilling for another couple weeks. Just making connections out here again and reconnecting with old homies out here. You know, just living a little bit.'
When asked how much he has got in bank account, Pleterski said: 'A dollar seventy-seven - aka, it's none of your business.'
Pleterski has not been arrested - and in December last year claimed that he was kidnapped, held for three days, and tortured before being dumped.
His father Adam Peters said he got a late night call demanding $2.1million USD in ransom. Peters then claims his son was driven around Ontario, beaten and tortured.
A video received by CBC Toronto shows Pleterski, visibly beaten, apologizing to investors.
'When the crypto market started to tank in November of 2021, I should have been honest with everybody,' Mr. Pleterski said in the video, adding that he had lost about $45 million in the crypto market within a month.
'I lost enough to where my debts outweighed my assets,' he said, adding that he wanted to 'make it right for everybody.'
'I'm going to do it before I go and buy myself another car, before I go and buy myself another watch, before I go and buy myself expensive clothing or anything. I'm going to live on the bare minimum until every last soul is paid back.'
His lawyer later said: 'All [Pleterski] can say is that while some of it is accurate, he was being forced to say a lot of it by his kidnappers.'
Aiden Pleterski, 24, is currently going through bankruptcy proceedings as authorities in Canada desperately try to recover the $29million he allegedly scammed out of investors as just $1.6million has been returned, with a trusty report saying Pleterski spent most of it on a private jet, flashy cars and luxury vacations
A 720S grey Mclaren with suicide doors (left) is featured on his Instagram stories along with a Lamborghini STO (right)
Pleterski has posted a slew of luxury cars to his Instagram highlights including this yellow Lamb Aventador SV (left) and this red Lamborghini (right)
Pleterski is seen in a June 2021 mugshot, after he was charged with domestic violence in Florida. The charges were dropped two weeks later
Pleterski was in trouble even before his scheme collapsed.
Domestic violence charges were filed against him in Florida on June 9, 2021, when a former girlfriend accused him of attacking her, CTV News reported.
She had confronted him about photos he had posted to Instagram, and the pair began arguing - a verbal disagreement which she said turned physical.
'The suspect intentionally grabbed the front of the victim's shirt with both hands and began to yell at her. This intentional violence was against the victim's will,' wrote the deputy who arrived at the house in Davenport, south of Orlando.
She tried to leave, the charging documents state, but he repeatedly blocked the door.
'The victim stated she did not feel free to leave during this time,' the affidavit reads.
Charges were dropped by prosecutors two weeks later, on June 22.
A report by trustees investigating the scheme say Pleterski took the $29million from investors and said he would invest it in both crypto and foreign currencies.
The trustees claim he invested just about $485,000, or less than two percent of the total funds at hand.
The report alleges he spent approximately $362,000 on a warehouse where he stored the remaining cash.
It also says Pleterski drove at least ten different sports cars, including a rare McLaren Senna, purchased for over $1million in September 2021.
Another $700,000 went to the mansion Pleterski lived in, including both rent and a down payment to eventually buy it, according to CTV News
He gave another $940,000 to an associate, while Stelzer claims Pleterski's parents also got around $800,000 from their son.
Pleterski's parents said they believed their son was operating a successful investment business.
'I knew when he was in high school, he was playing games upstairs on his computer just like any other teenager,' Pleterski's father said in December, which was detailed in a transcript included in the new report.
'But at some point, you became aware that he was trading in cryptocurrency?' the trustee's lawyer asked.
'At some point, yes,' Pleterski's father responded.
Stelzer alleged that Pleterski's parents benefited more than $1.1 million from their son's scheme.
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