Canadian Police Issue Warning About Crypto Investors’ Homes Being Robbed

Canadian Police Issue Warning About Crypto Investors’ Homes Being Robbed

3m
11 months ago

The Royal Canadian Mounted Police (RCMP) in Richmond, located south of Vancouver, has issued a...

Canadian Police Issue Warning About Crypto Investors’ Homes Being Robbed

The Royal Canadian Mounted Police (RCMP) in Richmond, located south of Vancouver, has issued a public warning about a concerning trend involving cryptocurrency investors falling victim to home robberies.

Over the past year, several similar incidents have been reported, prompting the RCMP to address the matter for public safety.

According to Staff Sergeant Gene Hsieh of the Richmond RCMP Major Crime Unit, the criminals behind these robberies are deliberately targeting high-value cryptocurrency investors.

In each case, the perpetrators have posed as delivery drivers to gain access to the victims’ homes. Once inside, they rob the victims of information that grants them access to their cryptocurrency accounts.

Staff Sergeant Jill Long of the Delta Police Investigative Services added that the suspects appear to have extensive knowledge about the victims’ cryptocurrency investments and their residential locations.

This suggests that the criminals are specifically targeting individuals who are heavily invested in cryptocurrencies.

While the RCMP has made one arrest in connection with these incidents, they have not confirmed whether multiple robberies are linked.

Due to ongoing investigations, specific details about the number of incidents and the amount of stolen cryptocurrency have not been disclosed.

READ MORE: Bitcoin Mining Companies Employ Derisking Strategies, Offload BTC to Exchanges

To prevent falling victim to such home robberies, the police department offered valuable safety advice.

They urge homeowners not to allow strangers or even seemingly legitimate delivery personnel into their homes.

Instead, all deliveries should be left outside, and if there is any doubt about the person’s identity, homeowners are encouraged to contact the delivery company for verification.

In cases where danger seems imminent, authorities should be notified immediately.

The RCMP also advised storing valuables and financial information securely within the household, such as in a safe or safety deposit box.

Additionally, they emphasized the importance of discussing financial matters in private, rather than on social media, and only with trusted individuals.

The warning comes after a previous incident in which a Canadian cryptocurrency investor, known as the “Crypto King,” was allegedly kidnapped, falsely imprisoned, and assaulted by five men involved in a cryptocurrency scheme.

One of the suspects, who invested a significant amount of money in the scheme, was charged with kidnapping the investor.

In light of these recent occurrences, the RCMP is urging cryptocurrency investors to exercise extreme caution and implement additional security measures to safeguard their assets and personal safety.

As the investigations continue, law enforcement authorities are working diligently to apprehend those responsible for these targeted robberies and ensure the protection of the public.

Other Stories:

Chainlink Launches Cross-Chain Interoperability Protocol to Connect Traditional Finance with Blockchain

Why You Should Be Bullish Despite Bitcoin Price Falling Below $30,000

Robert F. Kennedy Jr. Pledges to Back US Dollar with Bitcoin if Elected President

0 people liked this article

Related Articles

COLOPL Group Blockchain Game Company Brilliantcrypto, Announces Partnership with 7 Guild/DAO Orga...
〜Supporting Brilliantcrypto’s global release〜 TOKYO–(BUSINESS WIRE)–#IEO–Brilliantcrypto, Inc. (HQ: Minato City Tokyo, CEO: Naruatsu Baba, henceforth “Brilliantcrypto”) has partnered with 7 Guild/D...
11 months ago
5m
Tesla Deleted Bitcoin (BTC) After False News, Protected This Altcoin!
After these false news, a move came from Tesla. Tesla checkout page deleted Bitcoin from their source code. Continue Reading: Tesla Deleted Bitcoin (BTC) After False News, Protected This Altcoin!
11 months ago
1m
Crypto Gamblers Earn BUSD Through Online Hamster Race Bets
Hamsters.gg has presented crypto gamblers with a new way of earning cryptocurrencies by betting on online hamster races.
11 months ago
1m
Feature Explorer
ARKScan Updates - Transaction Details Pages
ARK, #ARK, $ARK, ARK coin, arkscan, blockchain, block explorer
11 months ago
4m
ProShares BITO ETF: A Close Contender to Bitcoin’s Spot Price Amid ‘Roll Cost’ Controversy
The post ProShares BITO ETF: A Close Contender to Bitcoin’s Spot Price Amid ‘Roll Cost’ Controversy appeared first on Coinpedia Fintech News Amid swirling speculations in the world of crypto, ProSh...
11 months ago
3m
XRP Price Prediction: What to Expect in the Next 48 Hours
The CTO of Ripple, David Schwartz, shared in a tweet this morning that the trading volume for Ripple (XRP) as a percentage of its market cap is four times higher than that of Bitcoin’s. He question...
11 months ago
2m