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Toronto soldiers charged in kidnapping were looking for cryptocurrency, police say

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Lambie, C. (2026, October 14). Toronto soldiers charged in kidnapping were looking for cryptocurrency, police say. National Post. https://nationalpost.com/news/canada/toronto-soldiers-charged-in-kidnapping-were-looking-for-cryptocurrency-police-say

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National Post · collected 2026-10-14 · by Chris Lambie

Quick Summary

Three Canadian soldiers were among seven suspects charged in connection with a July 25 kidnapping in Toronto where the aim was to force the victim, owner of a cryptocurrency exchange, to hand over access to his digital assets. The victim suffered minor injuries but managed to report the incident after being threatened not to contact police. During their investigation, which included searches across Greater Toronto Area, police seized multiple firearms and drugs, along with over 2,700 rounds of ammunition, some stolen from the Canadian Armed Forces.
Written by AI on 2026-10-14, from this article's own text only (the story summary below draws on all the coverage).

AI analysis

Story summary

On October 15, 2026, Toronto police arrested three reservists from the Canadian Armed Forces as part of an investigation into a July kidnapping involving cryptocurrency. The victim was Seyedkasra Hosseini, owner of a cryptocurrency exchange, who was kidnapped at gunpoint near Finch Avenue East and Bayview Avenue in Toronto. Police seized over 2,500 rounds of ammunition allegedly stolen from the Canadian Armed Forces during searches across the Greater Toronto Area. Seven suspects are facing charges including kidnapping and weapons offenses; Jack David Miley, a master bombardier in the 7th Toronto Regiment, is one of them. The Department of National Defence is investigating the theft of military ammunition and working to improve oversight.

Written for “Toronto Soldier Crypto Kidnapping Investigation” on 2026-10-31, grounded in this article and the 2 other(s) covering the same event.

Story

📰 Toronto Soldier Crypto Kidnapping Investigation
Crime & Law · 3 article(s) covering the same event. See how they differ ↓

Compared with similar articles

This article reads unscored and hedges 10% of its claims. Each row says how that neighbour differs.
National Post
Hedges 4 of 25 claims Outlet record 60/100
The Globe and Mail
Hedges 7 of 32 claims Outlet record 52/100
How this article was measured signals, leaning charts, publisher record, byline, topics and claims

Signals How these are calculated →

Claims extracted
41
sentences that state something as happening or true
Uncertain
10%
4 of 41 hedged ("reportedly", "may", "according to")
Leaning
not political
takes no side on a contested political question
Publisher signals
60/100
National Post's corrections and hedging, across everything collected from it. Not a measure of accuracy.
Outlets on this story
3
Crime & Law
Same framing elsewhere
1
articles that frame the event the way this one does
Analyzed 2026-10-14 · how these are computed

How this is being covered How these are calculated →

Article leaning vs. publisher reliability
Source leaning vs. consistency

Publisher

National Post · 1242 article(s) · 2 correction(s) detected
Running correction rate · 2 correction(s)

Who wrote this

Chris Lambie
16 article(s) here · 1 carrying a prediction
🔮 Standing beside the sunny final resting place Thursday for William Lyon Mackenzie King, in Toronto’s Mount Pleasant Cemetery, historian James Stewart couldn’t help but think about the service Canada’s 10th prime minister rendered to the country over a lengthy political career.
2026-10-30 · assertive framing · Delving into the history of Canada’s prime ministers
🔮 Royal Caribbean’s Oasis of the Seas left Cape Liberty, N.J., on Sunday, diverting course from its original itinerary of Florida, then the Bahamas, to sail instead for Halifax, where passengers will spend 24 hours of their seven-day cruise.
🔮 Police wouldn’t say Wednesday whether the kidnappers were successful in getting cryptocurrency from their victim, who suffered minor injuries.
🔮 “Premier Tim Houston shared his well-wishes for Gus when it was announced that he would be undergoing surgery,” Houston’s press secretary, Catherine Klimek, said Tuesday in an email.
🔮 The party won 59 of the National Assembly’s 127 seats and will need support from some members of the three opposition parties to reach 64 votes and get legislation passed.
🔮 An administrative review is a formal process used to assess matters that may affect a member’s continued service while providing procedural fairness.
🔮 But the unique circumstances of this offence and this offender satisfy the court that a discharge would not be contrary to the public interest,” Provincial Court Judge Lloyd Strickland wrote in a recent decision.
🔮 “At the hearing, she described herself as someone who could not read or write.”
🔮 Murray testified that her “messages with the breeder show the parties always intended that she would own Walter,” said the decision.
🔮 “Mr. Singh, a permanent resident of Canada, asks the court to impose a sentence that would preserve his right to appeal a deportation order arising from his convictions,” Justice Joe Patrick Paul Fiorucci said in his Sept. 15 decision.
Also by Chris Lambie
Nothing else under this byline is closely related to this article, so these are simply their most recent.
All 16 articles by Chris Lambie →

Topics

Canadian Detective Operations Toronto Toronto Police Service the Canadian Armed Forces

Subjects

Matthews PERSON · 6× Toronto GPE · 4× Fernando PERSON · 2× Miley PERSON · 2× the Canadian Armed Forces ORG · 2× Canadian NORP · 1× Detective Operations ORG · 1× Joe Matthews PERSON · 1× Myron Demkiw PERSON · 1× Toronto Police Service ORG · 1×

Narrative

Police — who conducted searches of vehicles and residences across the Greater Toronto Area — seized four firearms during their probe, two of which were 3D printed, two silencers, 10 overcapacity magazines, more than 2,700 rounds of ammunition, half of which were blanks, cell phones, a replica firearm and “a large quantity of methamphetamine, cocaine and other controlled substances,” Matthews said.
framing: assertive · carried by 1 article(s) · first seen 2026-10-14
🔮 Police wouldn’t say Wednesday whether the kidnappers were successful in getting cryptocurrency from their victim, who suffered minor injuries.

Claims (41 extracted, 4 hedged)

A violent Toronto kidnapping involving three Canadian soldiers was an attempt to force the victim into handing over access to cryptocurrency, police said Wednesday, revealing the alleged motive for the bizarre plot. asserted
police → involve → plot
The July 25 kidnapping took place in a residential Toronto neighbourhood at Finch Avenue East and Bayview Avenue. asserted
kidnapping → take → Avenue
The kidnappers grabbed their victim as he approached his vehicle and abducted him at gunpoint, Toronto Police Service Chief Myron Demkiw told reporters at a press conference. asserted
Demkiw → grab → conference
“He was handcuffed and assaulted. asserted
He → handcuff → ?
The suspects allegedly attempted to gain access to his cryptocurrency assets” and business-related security systems. uncertain
suspects → attempt → assets
The victim was later released and threatened not to contact police, said Chief Supt. Joe Matthews of Detective Operations. asserted
Matthews → release → Operations
But he did just that. asserted
he → do → that
Police wouldn’t say Wednesday whether the kidnappers were successful in getting cryptocurrency from their victim, who suffered minor injuries. asserted
who → say → injuries
His name is banned from publication. asserted
name → ban → publication
“What started as a kidnapping investigation became much larger,” said Demkiw. asserted
Demkiw → start → investigation
“In total, seven suspects have been arrested and 82 criminal charges have been laid.” asserted
charges → arrest → total
Within 24 hours, police had identified a vehicle used by the kidnappers, and two suspects were arrested, Matthews said. “By Sept. 24, all seven accused had been arrested and charged,” Matthews said. asserted
Matthews → identify → Sept.
Police — who conducted searches of vehicles and residences across the Greater Toronto Area — seized four firearms during their probe, two of which were 3D printed, two silencers, 10 overcapacity magazines, more than 2,700 rounds of ammunition, half of which were blanks, cell phones, a replica firearm and “a large quantity of methamphetamine, cocaine and other controlled substances,” Matthews said. asserted
Matthews → conduct → methamphetamine
“Investigators later determined that approximately 2,500 rounds of the ammunition and five over-capacity magazines had been stolen from the Canadian Armed Forces.” asserted
rounds → determine → Forces
The investigation “highlights an evolving trend that we are seeing in serious criminal activity,” Matthews said. asserted
Matthews → highlight → activity
The victim was targeted because the kidnappers thought he had access to cryptocurrency assets, he said. asserted
he → target → assets
“Criminals continue to adapt their methods and identify new opportunities for financial gain.” asserted
Criminals → continue → gain
Police haven’t connected the kidnapping to other Toronto abductions “at this point,” Matthews said, though police are still going through cell phones seized during the investigation. asserted
police → connect → investigation
The three soldiers charged are Talarambage Sachintha Fernando, James Moreau and Jack Miley. asserted
soldiers → charge → ?
All three men are members of the 7th Toronto Regiment, a reserve artillery unit based at Moss Park Armoury in Toronto. asserted
men → base → Toronto
“Their training that they had received through the military is quite concerning, not only to the victims of this type of violence, but also to our officers that may encounter them,” Matthews said. uncertain
Matthews → receive → them
“These are highly trained individuals with access to firearms.” asserted
These → train → firearms
Charges against Miley include using a handgun during the kidnapping and pointing it at the kidnapping victim. asserted
Charges → include → victim
He has been a reservist since enrolling in the Canadian Army in August 2018. asserted
He → enrol → August
He deployed last year on Operation Reassurance, the NATO mission in the Mediterranean, Black Sea and Baltics in response to Russian aggression. asserted
He → deploy → aggression
Fernando, 22, of North York, and Moreau, 29, of Markham, have both been charged with kidnapping for ransom, forcible confinement, unauthorized possession of a firearm in a motor vehicle, the use of a firearm during an indictable offence and mischief. asserted
Fernando → charge → offence
Both men are bombardiers, a rank that’s equivalent to corporal. asserted
that → ’ → corporal
Fernando is also charged with storing five types of ammunition in a careless manner on Aug. 11, the day he was arrested. asserted
he → charge → Aug.
Those include .223 caliber ammunition, .223 caliber blanks, 9 mm bullets, .270 caliber ammunition and 12-gauge shotgun shells. asserted
Those → include → ammunition
All were “property of the Canadian Armed Forces,” according to court documents. uncertain
All → accord → documents
Police charged Fernando for possessing a nine millimetre handgun and a Churchill 12-gauge shotgun without a licence, as well as prohibited over-capacity magazines. asserted
Police → charge → licence
He enrolled in the Army as a reservist in January 2020. asserted
He → enrol → January
Miley was also in possession of one round of the military’s 25mm Bushmaster ammunition when he was arrested last month, according to court documents. uncertain
he → arrest → documents
Police also seized a Beretta handgun and ammunition for the weapon during their investigation. asserted
Police → seize → investigation
Moreau enrolled as a reservist in March 2018 and deployed on Operation LASER in 2020 — the military’s response to the COVID-19 pandemic. asserted
Moreau → enrol → pandemic
National Defence confirmed last week that all three soldiers have been removed from duty and their access to Armed Forces’ equipment, facilities and bases restricted. asserted
access → confirm → equipment
They all remain in the military pending the outcome of an administrative review. asserted
They → remain → review
All three soldiers were military instructors within the Greater Toronto Area, said one source. asserted
source → say → Area
Four other Toronto men who are not in the military — Raheem Bishop-Jackson, 24, Saiefeddine Adem, 22, Christian Darbandi, 39, and Suhaib Alekozai, 39 — have also been charged in the kidnapping. asserted
who → charge → kidnapping
During the investigation, police also seized a replica firearm, multiple knives and hatchets, GPS tracking devices, a money counter, portable radios, handcuffs, a Balaclava, a baton, crossbow and arrows, firearm storage boxes and cash. asserted
police → seize → firearm
…and 1 more, not listed.
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