Texas Brothers Plead Guilty in $8M Cryptocurrency Kidnapping in MN
The brothers agreed to pay more than $8 million in restitution and each face up to 20 years in federal prison, prosecutors said.
- On Thursday, Texas brothers Isiah Angelo Garcia and Raymond Christian Garcia pleaded guilty in Minneapolis to interference with commerce by robbery before U.S. District Judge Ann Montgomery.
- The brothers held a Grant, Minnesota family hostage for nine hours on Sept. 19, forcing them at gunpoint to transfer more than $8 million in cryptocurrency using an AR-15-style rifle and shotgun.
- Isiah Garcia forced the father to drive three hours to Jacobson, Minnesota, to access additional cryptocurrency funds while the brothers received instructions from an "unknown third party who directed to transfer the cryptocurrency."
- U.S. Attorney Daniel Rosen stated, "Violent schemes carried out for financial gain undermine the safety and security of our communities," as the brothers each face up to 20 years in prison and agreed to pay more than $8 million in restitution.
- Sentencing remains pending for the crime, which triggered a shelter-in-place order in Washington County, as FBI Minneapolis Field Office Special Agent in Charge Christopher Dotson emphasized the bureau will "aggressively investigate" such violence.
19 Articles
19 Articles
The New York Ledger
ReportWireCrypto Kidnappers Plead Guilty in $8M Minnesota Robbery
Two brothers accused of kidnapping a Minnesota family at gunpoint last year to steal $8 million in cryptocurrency pleaded guilty in connection with the armed robbery. Isiah Angelo Garcia and Raymond Christian Garcia, on Thursday, entered guilty pleas for Interference with Commerce by Robbery, facing a maximum of 20 years in federal prison, according to the US Attorney’s Office of the District of Minnesota. “The guilty pleas entered today refle…
Texas brothers plead guilty in $8M cryptocurrency kidnapping in MN
The armed kidnapping and robbery of a family in Grant, Minn., that canceled a high school football game and saw more than $8 million in cryptocurrency being stolen resulted in guilty pleas from two Texas brothers who admitted to threatening the family at gunpoint.
Coverage Details
Bias Distribution
- 67% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
