Chief Investigative Reporter Jonathan Dienst on crime, corruption and terrorism.

Suspect in Queens Man's Kidnapping: "I Made a Mistake"

Eduardo Moncayo is accused of kidnapping Queens businessman Pedro Portugal

Sunday, May 26, 2013  |  Updated 12:35 PM EDT
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3 Charged in Man's NYC Kidnapping, Ransom Attempt

AP/NYPD

Police say one of the suspects was captured on surveillance video trying to get cash from 52-year-old kidnap victim's bank account.

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3 Charged in Man's NYC Kidnapping, Ransom Attempt

Three men have been charged in the kidnapping of another man off a Queens street in broad daylight, holding him for over a month and demanding a $3 million ransom from his family, authorities said Wednesday. Gus Rosendale reports.
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A man charged in the brazen abduction and brutal captivity of a Queens businessman says he "made a mistake'' but he's "not a criminal.''

  Eduardo Moncayo makes those remarks in a jail interview published Sunday by the Daily News. He and two others are being held without bail.
 
The newspaper says Moncayo refused to discuss the allegations but said he doesn't belong in jail.
 
Businessman Pedro Portugal was found this week.
 
Police say he'd been held in a warehouse for more than a month. They say he was bound and burned with acid as captors demanded a $3 million ransom from his family in Quito, Ecuador.
 
Police say Moncayo flashed a fake police badge to get Portugal to stop on a street April 18.
 

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