50 year old businessman Yannis Kipriotakis was found charred in the trunk of his car at 01:30am.

Yannis Kipriotakis owned a factory, which is producing paint in the Industrial part of Iraklio – the capital of Crete. The businessman, who was abducted Monday night, was a father of three children. On Monday afternoon he received a phone call from an unknown individual, who told him to go to Vasileos region, near to Iraklio, in order to look at a building and decide whether he wants to paint it or not.

The businessman went to the arranged meeting but after that his tracks were lost. After he was abducted, his kidnappers called his family and asked for a ransom of ?300 000. His wife was the one who was negotiating with the criminals under the supervision of the police and the required ransom was decreased to ?154 000.

Yesterday, at 10:00pm the wife of the 50 year old businessman was supposed to leave the money at an abandoned place near Gouves village in the Iraklio region. The woman carried out all conditions and when the abductors got in touch with her, they told her that she will find her husband in two hours at an abandoned place near another village close to Iraklio. When the woman arrived at the right place with her relatives, she found Kipriotakis’ car burnt and the man was burnt alive in the trunk.