Close X
Thursday, November 14, 2024
ADVT 
National

Richmond man faces multiple charges in $10M cryptocurrency home invasion theft

Darpan News Desk The Canadian Press, 24 Nov, 2023 10:44 AM
  • Richmond man faces multiple charges in $10M cryptocurrency home invasion theft

Police in Richmond, B.C., say multiple charges have been laid against a 34-year-old man allegedly involved in a September 2022 home invasion where thieves made off with $10 million in cryptocurrency. 

Richmond RCMP say the "lengthy and complex investigation" began after thieves impersonating police officers broke into a home and tied up a middle-aged couple, assaulting them and confining them for hours.

Mounties say the armed suspects made off with $10 million in unspecified cryptocurrency and luxury goods, leaving the "badly shaken up" victims with non-life-threatening injuries.

Chief Supt. Dave Chauhan with Richmond RCMP says the investigators from the force's Serious Crimes Unit and Economic Crime Unit worked on the case for more than a year, leading to the arrest of one suspect, who faces "many very serious charges." 

Mounties say the BC Prosecution Service approved 11 charges against Jin Da Xing, a 34-year-old Richmond resident, including break and enter, robbery with a weapon, unlawful confinement, assault with a weapon, use of an imitation firearm, extortion, possession of stolen property and impersonating a peace officer.

Police say Xing is in custody and awaiting trial, and his next court appearance is set for Dec. 6 in Richmond provincial court. 

 

MORE National ARTICLES

Youth charged in Surrey stabbing

Youth charged in Surrey stabbing
On August 18th of last year Surrey RCMP responded to an assault in progress at the intersection of 184Street and Fraser Highway and found 45-year-old victim Leroy Billy suffering from stab wounds. Billy was transported to hospital, where he died of his injuries.

Youth charged in Surrey stabbing

Canada must explore links between immigration, housing crunch: Marc Miller

Canada must explore links between immigration, housing crunch: Marc Miller
The housing crisis is a chief topic of conversation at the retreat, which comes as the federal Liberals prepare their agenda for the fall sitting of Parliament. The Canada Mortgage and Housing Corp. estimates Canada needs about 5.8 million new homes by 2030 to restore housing affordability.

Canada must explore links between immigration, housing crunch: Marc Miller

Air quality advisory lifted for most of Metro Vancouver

Air quality advisory lifted for most of Metro Vancouver
An air quality advisory covering most of the Vancouver area has been lifted. The Metro Vancouver Regional District says a change in weather has reduced the amount of fine particulate matter in the air coming from wildfire smoke in the B-C Interior.

Air quality advisory lifted for most of Metro Vancouver

Structural losses from wildfires in West Kelowna area estimated at fewer than 90

Structural losses from wildfires in West Kelowna area estimated at fewer than 90
Premier David Eby was scheduled to visit the fire-ravaged southern Interior on Tuesday, along with Emergency Management Minister Bowinn Ma and Forests Minister Bruce Ralston, to get a first-hand look at the devastation caused by the raging wildfires. 

Structural losses from wildfires in West Kelowna area estimated at fewer than 90

Firearms charges against US man

Firearms charges against US man
The Canada Border Services Agency says charges have been laid against an American man after he attempted to bring guns into the country. It says in a statement today that the man was stopped on May 6 by C-B-S-A officers at the Abbotsford border crossing as he attempted to pass through B-C on his way to Alaska.

Firearms charges against US man

Too early to provide estimates of insured damages from BC wildfires : Insurance Bureau of Canada

Too early to provide estimates of insured damages from BC wildfires : Insurance Bureau of Canada
The Insurance Bureau of Canada says it's too early to provide estimates of insured damages from British Columbia fires that are still burning. However, experts do recommend getting your insurance claim started as soon as possible.

Too early to provide estimates of insured damages from BC wildfires : Insurance Bureau of Canada