A cryptocurrency investor has been charged after he allegedly kidnapped an Italian former business partner and tortured him for two weeks -- using a taser, chainsaw and other twisted methods -- inside a plush New York City townhouse as part of a sadistic plot to steal passwords, according to police and reports. 

John Woeltz, 37, was seen cuffed wearing a robe and barefooted outside his pad in the SoHo neighborhood of Manhattan on Friday morning, shortly after his victim made a daring escape and called the police for help.

Woeltz, who is understood to have had prior business dealings with the 28-year-old unidentified victim, helped lure the man to the Princes Street townhouse on May 6, snatched his passport and tied him up before torturing him in an extortion plot to get the sought-after passwords, the New York Post reports citing police sources. A 24-year-old female has also been arrested, police told Fox News.