Sydney Businessman Was Target of Botched Kidnap Plot, Police Reveal
Sydney Businessman Target of Botched Kidnap Plot

Intended Target of Botched Kidnap Plot Identified as Sydney Businessman

In a shocking twist to a recent crime case, authorities have disclosed that the intended victim of an alleged botched kidnapping and murder plot was not the elderly man who was taken, but rather a Sydney businessman with reported underworld connections. The incident, which unfolded in North Ryde, has led to arrests and charges as police continue their investigation into what they describe as a horrible matter.

Mistaken Identity Leads to Tragic Outcome

Chris Baghsarian, an 85-year-old grandfather, was allegedly abducted from his home in the early hours of February 13. Police initially labeled this as a case of mistaken identity, and it has now been confirmed that the true target was 37-year-old Dimitri Stepanyan, who resides on the same street. Stepanyan, a convicted armed robber believed to have ties to Sydney's criminal underworld, now operates Proper Streetwear, a popular clothing brand. The brand's advertising often features men with blurred faces and has collaborated with high-profile figures such as American UFC fighter Jon Jones and Australian rap artists like Hooligan Hefs and Kerser.

Following the abduction, an unverified text thread circulated online, showing alleged captors demanding a $50 million ransom from Stepanyan's father. Despite being informed multiple times that the wrong man had been kidnapped, the other person in the thread remained steadfast in their extortion attempts, highlighting the ruthless nature of the plot.

Arrests Made in Connection to Kidnapping and Murder

Two men, aged 24 and 29, were arrested and charged on Wednesday in relation to Baghsarian's alleged kidnapping and murder. This came a day after Baghsarian's body was discovered at a property in Pitt Town. The arrests followed search warrants executed in Kenthurst, Castle Hill, and Lake Macquarie, where investigators seized vehicles, electronics, and clothing pertinent to the case. The suspects were taken to Riverstone Police Station and charged with murder and take/detain in company with intent to ransom occasion actual bodily harm. They were refused bail and are set to face Blacktown Local Court.

Police allege that Baghsarian was first taken to a property in Dural, where he was subjected to torture and ultimately killed before his body was disposed of. Detective Chief Inspector Andrew Marks expressed that the discovery has devastated Baghsarian's family, who, while welcoming the arrests, remain heartbroken by their loss. In a statement, the family acknowledged the recent developments but emphasized their ongoing grief.

Ongoing Investigation and Community Impact

Detective Chief Inspector Marks indicated that more arrests are expected as the investigation progresses. He praised the efforts of investigators and vowed to pursue every individual involved in this horrible, horrible matter. The case has sent shockwaves through the community, with floral tributes left outside Baghsarian's North Ryde home as a testament to the beloved grandfather's memory.

This incident underscores the dangerous intersections between business ventures and alleged criminal associations in Sydney. As the legal proceedings unfold, authorities are committed to ensuring justice is served for all parties affected by this tragic event.