American boss hostage arrives back to US -

June 28, 2013 10:07 AM

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MIAMI (AP) - An American executive held hostage for nearly a week by his company's Chinese workers in a pay dispute said Friday from his Florida home that he was held for ransom and paid nearly half a million dollars for his freedom.

"One-hundred percent I got held for ransom," Chip Starnes said on NBC's "Today" show, just hours after arriving back home from China. He said he was "held ransom for severance package" and paid between $500-600,000 cash for his freedom.

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