Close X
Monday, September 16, 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

24 properties evacuated as precarious rock looms over Penticton homes

24 properties evacuated as precarious rock looms over Penticton homes
The City of Penticton says it has temporarily evacuated 24 properties in a mobile home park over fears of a potential rock slide. The city says it was notified on Tuesday morning about a large rock that may break off a cliff, and a geotechnical engineer's review prompted the evacuation of the properties in the Pleasant Valley Mobile Home Park.   

24 properties evacuated as precarious rock looms over Penticton homes

2nd degree murder charge laid in death of 18 year old Mehakpreet Sethi

2nd degree murder charge laid in death of 18 year old Mehakpreet Sethi
A second-degree murder charge has been laid in the death of an 18-year-old outside a Surrey high school last year. Homicide investigators say an 18-year-old man has been charged, but his name won’t be released because he was a youth at the time of the death.

2nd degree murder charge laid in death of 18 year old Mehakpreet Sethi

B.C. unfairly clawed back COVID-19 benefit to thousands during pandemic, says report

B.C. unfairly clawed back COVID-19 benefit to thousands during pandemic, says report
Thousands of people in British Columbia saw their $1,000 tax-free COVID-19 benefit unfairly clawed back by the provincial government, says an ombudsperson report. So far, 12,000 people have been told to repay their B.C. Emergency Benefit that the government said was for workers who had been affected by the pandemic, Ombudsperson Jay Chalke said Tuesday. 

B.C. unfairly clawed back COVID-19 benefit to thousands during pandemic, says report

Federal government posts $8.2 billion deficit between April and September this year

Federal government posts $8.2 billion deficit between April and September this year
The federal government recorded a budgetary deficit of $8.2 billion between April and September, $3.9 billion of which was in September.  The finance department says in its monthly fiscal monitor that the deficit between April and September compared to a surplus of $1.7 billion during the same period last year. 

Federal government posts $8.2 billion deficit between April and September this year

Locked out Rogers Communications workers in B.C. ratify five-year contract

Locked out Rogers Communications workers in B.C. ratify five-year contract
Nearly 300 Rogers Communications workers have voted strongly in favour of a new contract, ending a company lockout that began two weeks ago. The United Steelworkers union Local 1944, Unit 60, says in a statement that its members voted 96 per cent in favour of ratifying the tentative agreement reached last Friday.

Locked out Rogers Communications workers in B.C. ratify five-year contract

'Bank of mom and dad' study: B.C. high earners get housing boost if parents also own

'Bank of mom and dad' study: B.C. high earners get housing boost if parents also own
A Statistics Canada study into what it calls the "bank of mom and dad" shows home ownership among young high earners in British Columbia increases more than anywhere else in Canada if their parents are homeowners, too. The study also finds that nationally, people born in the 1990s are twice as likely to own a home if their parents are homeowners, compared to those whose parents are not.

'Bank of mom and dad' study: B.C. high earners get housing boost if parents also own