Aparecida Schunck, the mother-in-law of billionaire Formula One boss Bernie Ecclestone, was abducted from her home in Interlagos, São Paulo, on Friday night. The kidnappers have reportedly asked for a ransom of 120 million reais ($36.7 million USD) – the highest ransom demand in Brazil to date.

The case is ongoing.

From the Evening Standard

Bernie Ecclestone’s mother-in-law Aparecida Schunck ‘kidnapped in Brazil with £28m ransom’

Reports in the Brazilian press say Ms Schunk, 67, was snatched on Friday night near her home in the middle class Interlagos district of Brazil’s biggest city.

The kidnappers are reportedly demanding a ransom of £28 million for her release and have stipulated that the money be split into four plastic bags, a source close to the police investigation told Brazilian magazine Veja.

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From the Wall Street Journal

Formula One Chief’s Mother-in-Law Kidnapped in Brazil

The kidnappers are asking for 120 million reais ($36.7 million) to free Ms. Schunck, whose daughter Fabiana Flosi married Mr. Ecclestone in 2012, the Brazilian magazine Veja reported.

Ms. Flosi, who used to work for Brazil’s Formula One championship organization, met Mr. Ecclestone in 2009. They now live in London.

Spokespeople for the Brazilian police wouldn’t comment on the kidnapping.

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From the Guardian

Bernie Ecclestone’s mother-in-law reported kidnapped in São Paulo

The reported abduction runs against a trend of falling crime in São Paulo, though kidnappings were common in the early 2000s, when two or three cases were record in the city every week.

Across the border in neighbouring Argentina, however, kidnapping for ransom has become an epidemic: since 2002 there have been 20 cases in which football players or their relatives have been abducted.

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