Wednesday, December 31, 2025
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

Strong home sales continue for Vancouver

Strong home sales continue for Vancouver
The board says that's up 1.3 per cent in a single month -- although it's still more than two per cent below the benchmark price set one year ago. Overall, the board says the housing market "continues to outperform expectations," -- with the apartment or condo market eclipsing slightly slower sales in the townhouse and detached home sectors.

Strong home sales continue for Vancouver

Updated legislation aims to tackle discrimination in public service: PSC

Updated legislation aims to tackle discrimination in public service: PSC
The Public Service Commission will also have more resources to investigate mistakes or misconduct that affect their hiring processes. Previously amendments took affect that revised the job qualifications for members of equity-seeking groups and ensured permanent residents were given the same hiring preferences as Canadian citizens.

Updated legislation aims to tackle discrimination in public service: PSC

Canadians eligible for GST credit expected to receive 'grocery rebate' today

Canadians eligible for GST credit expected to receive 'grocery rebate' today
Canadians eligible for the GST credit are expected to receive a special payment today to help with the rising cost of groceries. The payment, which the Liberal government is calling the grocery rebate, was promised in the spring budget to help Canadians cope with food inflation.

Canadians eligible for GST credit expected to receive 'grocery rebate' today

B.C. port strike enters day five, with talks deadlocked over maintenance

B.C. port strike enters day five, with talks deadlocked over maintenance
The BC Maritime Employers Association meanwhile says the union is trying to "aggressively expand" its control of maintenance duties far beyond an agreement that the association says has been "legally well established for decades."

B.C. port strike enters day five, with talks deadlocked over maintenance

Tuesday set an unofficial record for the hottest day on Earth. Wednesday may break it.

Tuesday set an unofficial record for the hottest day on Earth. Wednesday may break it.
The planet's temperature spiked on Tuesday to its hottest day in at least 44 years and likely much longer, and Wednesday could become the third straight day Earth unofficially marks a record-breaking high, the latest in a series of climate-change extremes that alarm but don't surprise scientists

Tuesday set an unofficial record for the hottest day on Earth. Wednesday may break it.

Canadian government drops ads on Facebook, Instagram as Meta promises to block news

Canadian government drops ads on Facebook, Instagram as Meta promises to block news
The decision came after Meta promised to block Canadian news content on its Facebook and Instagram platforms in response to Canada's recently passed Online News Act. The new law will require tech giants pay media outlets for content they share or otherwise repurpose on their platforms.

Canadian government drops ads on Facebook, Instagram as Meta promises to block news