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Crypto millionaire Fernando Pérez Algaba received threatening messages week before being found dismembered in suitcase: report

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July 30, 2023
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The crypto millionaire who was found dismembered in a suitcase in Argentina reportedly received messages threatening to cut out his eyes and chop off his hands in the week before he was killed.

Fernando Pérez Algaba’s body was discovered by a group of children in the town of Ingeniero Budge over the weekend. The businessman and influencer had been reported missing on July 18.

“I’m going to kill you, I’m going to do something worse to you,” a man said in a menacing voice message to Algaba before he vanished. “I’m going to gouge out your eyes and cut off your hands so that you can’t have any more money in your life.”

“I swear on my children that I have no problem going to jail,” said the man, who was identified only by his surname Iglesias, according to Argentinian outlet Télam.


Fernando Pérez Algaba
Fernando Pérez Algaba received threatening messages on his phone before he disappeared.
Jam Press/@fernandoperezalgaba

Police are investigating the murder after the children made the grisly discovery. Only Algaba’s arms and legs were initially found in the suitcase, but he was identified by his fingerprints and a tattoo on his torso, which was found with his head days later.

An autopsy revealed that Algaba had been shot three times before his body was dismembered. The body parts were cleanly amputated, suggesting the work of a professional, local media reported.

Algaba had amassed his fortune renting high-end vehicles and selling cryptocurrency and flashed his luxury lifestyle to his 900,000 plus Instagram followers.


Fernando Pérez Algaba
Algaba, 41, was reportedly in debt as a result of gambling addiction.
Jam Press/@fernandoperezalgaba

He reportedly racked up “irrecoverable” debts with Argentina’s tax agency and ran into trouble with a notorious local gang, which demanded $40,000.

Algaba also owed Iglesias’ son $70,000 that he wanted back, according to the report.

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Additional voicemails Iglesias left for Algaba, one of which lasted a full 20 minutes,  he tells the influencer that the two “see each other face to face.”


Fernando Pérez Algaba
Algaba, who had 900,000 followers on Instagram, made millions selling cryptocurrency and renting luxury vehicles.
Jam Press/@fernandoperezalgaba

“You betrayed me, and you caught me. I have a poison with you that I hate you,” Iglesias said in another message. 

Another man identified as Adrian Tesei told Algaba separately that the two had an issue because an investor told Tesei his money had been delivered when it wasn’t.

“I’m not threatening you,” Tesei told Algaba. “I’m telling you that I’m going to rip off your head. The money is mine, and you don’t play with mine.”  


Fernando Pérez Algaba, was identified by his fingerprints and distinctive tattoos.
Algaba, was identified by his fingerprints and distinctive tattoos.
Jam Press

A source close to Algaba told Télam that he had developed a gambling problem that was exacerbated during the COVID-19 pandemic, when he kept buying up cryptocurrency as he sank into the red.

Algaba had also left a note on his phone claiming that he’d lost a lot of money investing in crypto, La Nacion reported.

“If something happens to me, everyone is already warned,” he wrote in a message.

The influencer, who lived in Barcelona, Spain, had reportedly been staying in Argentina for a week prior to his alleged murder.

Police have arrested one suspect in connection with Algaba’s death.



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