Norwegian millionaire's wife likely abducted, ransom demanded

Hagen home kidnapping Norway

The wife of a Norwegian multimillionaire missing since October 31 probably has been kidnapped, police said Wednesday, adding that her suspected abductors have demanded a ransom reported to be over $10 million.

The wife's suspected kidnappers have demanded $10.3 million to be paid in Monero, a type of cryptocurrency, Norwegian tabloid Verdens Gang reported, quoting unnamed sources.

Police were scheduled to hold a press conference later Wednesday. According to the local VG newspaper, the kidnappers left a written note in the couple's home saying the woman would be killed if the police got involved.

Mr Hagen, who is Norway's 172nd richest man and made his fortune in real estate and the energy sector. Police have received no signs whether Falkevik Hagen was still alive, "but we haven't either received any sign that she is not alive", he added.

Police believe she disappeared from the couple's home, some 50 kilometers (30 miles) from the Swedish border.

The kidnappers are demanding $10 million dollars in exchange for Haden's release, which they want paid in the cryptocurrency monero.

Hagen's wife disappeared suddenly from the family's Lørenskog home on October 31st, and hasn't been seen since.

Chief investigator Tommy Broeske, however, chose to "go public", because they "need more information" to help track down the criminals and bring Falkevik Hagen home safely.

"A ransom demand and serious threats have been issued", Insp Tommy Brøske told reporters.

The investigator said "the threats (in the note) were of a very serious character" and the police have no evidence that she's alive "but we haven't received any indication that she isn't alive either".

"As the case now stands, police have advised the family not to settle the claim", Tommy Broske, head of the investigation unit, said.

Events like this are extremely rare in the wealthy Scandinavian country, which enjoys a generally low crime rate.

Investigators refused to comment on that report, but said worldwide police were cooperating on the case.

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