Toronto Police Say Seven People Were Arrested and 82 Criminal Charges Laid in an Investigation That Began With a Man Abducted Near Finch and Bayview Avenues on July 25 and Targeted for His Cryptocurrency, and That Three of the Accused Are Canadian Armed Forces Members, CP24 Reports (October 14, 2026)
Toronto police held a news conference at police headquarters at 11 a.m. on Wednesday, October 14, 2026 and said seven people have been arrested and 82 criminal charges laid in an investigation that began with the abduction of a man near Finch and Bayview avenues on July 25, CP24 reports. According to the account, Supt. Joe Matthews said the man was targeted as he approached his vehicle, was handcuffed and assaulted, and that the suspects tried to access his cryptocurrency and “business-related security systems” before releasing him with a warning not to contact police. Three of the accused are Canadian Armed Forces members. CP24 reports that Chief Myron Demkiw said the suspects have not been tied to any organized gang. This briefing follows this site’s October 6 briefing, which carried the Department of National Defence’s confirmation that two reservists of the 7th Toronto Regiment had been arrested and removed from military duties; the October 5 reporting summarized there had described the charges as related to organized crime.
What Toronto Police Said About the July 25 Abduction
According to CP24, Supt. Joe Matthews said a man was abducted on July 25 near Finch and Bayview avenues in Toronto. He was targeted as he approached his vehicle, handcuffed and assaulted. The suspects tried to access his cryptocurrency and his “business-related security systems,” then released him with a warning not to contact police. Within 24 hours, the account says, police identified a suspect vehicle and arrested two suspects. Matthews described the case as showing the “increasingly sophisticated and targeted nature of crimes involving digital assets.” Chief Myron Demkiw said the risk posed by the accused is “concerning.”
The charges CP24 names are kidnapping for ransom, forcible confinement, unauthorized possession of a firearm, and possession for the purpose of trafficking. The account does not break the 82 charges down among the seven accused.
The Three Canadian Armed Forces Members
CP24 names three of the seven accused: Talarambage Fernando, 22, and James Moreau, 29, both described as bombardiers and members of the 7th Toronto Regiment, and Jack Miley, a Canadian Armed Forces member whose age the account does not give. The other four accused are not named and no home cities are given. The Department of National Defence said Fernando and Moreau are members of the 7th Toronto Regiment, a reserve artillery unit in 32 Canadian Brigade based at the Moss Park Armoury at 130 Queen Street East, and that both were removed from military duties.
The Seizures, and Ammunition Police Say Was Stolen From the Armed Forces
According to the account, investigators seized firearms including some with 3D-printed receivers, about 2,500 rounds of ammunition, a shotgun, illicit drugs including methamphetamine and cocaine, GPS trackers, a crossbow and arrows, and Canadian currency. CP24 reports that police later found the ammunition had been stolen from the Canadian Armed Forces, and that the Canadian Armed Forces did not report the theft to police. The account does not say which accused, which address or which count any seized item is attributed to.
How the Reporting Fits Together
CP24 names the younger reservist as Talarambage Fernando, 22; the October 5 reporting carried on this site named a Bombardier Sachintha Fernando, and the National Post gives his full name as Talarambage Sachintha Fernando. The Department of National Defence gave August 11 as the arrest date for the two reservists. CP24 says two suspects were arrested within 24 hours of the July 25 abduction and gives no arrest date for any of the seven; the National Post reports that Fernando was arrested on August 11 and that all seven accused had been arrested and charged by September 24.
What the Account Says Is Unresolved
- Ties among the accused: Investigators are still examining the ties among all seven accused.
- Gang link: CP24 reports the suspects have not been tied to any organized gang.
- Devices: Encryption is hampering analysis of seized phones and computers, according to the account.
- Outstanding suspects: Police say there are no outstanding suspects, but that the investigation is ongoing.
- Charge breakdown: The account does not say how the 82 charges are distributed among the seven accused, and names four of the charges only.
- Four accused: Four of the seven are not named and no home cities are given for any of them.
- Publication ban: The National Post reports that the victim’s name is banned from publication; this briefing does not identify him.
Timeline
- July 25, 2026A man is abducted near Finch and Bayview avenues in Toronto, targeted as he approaches his vehicle, handcuffed and assaulted, Supt. Joe Matthews says. The suspects try to access his cryptocurrency and business-related security systems, then release him with a warning not to contact police.
- Within 24 hours of the abductionPolice identify a suspect vehicle and arrest two suspects, according to the account.
- August 11, 2026The date the Department of National Defence gave for the arrest of the two 7th Toronto Regiment reservists, as carried in reporting published October 5.
- By September 24, 2026All seven accused have been arrested and charged, the National Post reports.
- October 5, 2026The Department of National Defence confirms the two reservists were removed from military duties and remain members of the Canadian Armed Forces pending an administrative review.
- October 14, 2026, 11:00 a.m.Toronto police give the update at police headquarters.
Carriage of the investigation; Supt. Joe Matthews and Chief Myron Demkiw spoke at the October 14 update
Confirmed the two reservists’ unit and their removal from military duties; the army is assisting Toronto police with the investigation
Sources
- CP24, “Violent abduction targeting man’s crypto assets leads to arrest of 3 CAF members: Toronto police,” October 14, 2026, 6:48 a.m. EDT, since updated — for the arrests, the charges and the seizures — cp24.com
- National Post (via Yahoo News Canada), “Toronto soldiers charged in kidnapping were looking for cryptocurrency, police say,” Chris Lambie, October 14, 2026 — for the full name of the reservist, the arrest dates and the publication ban on the victim’s name — ca.news.yahoo.com
- Global News, “2 Canadian soldiers arrested by Toronto police on organized crime charges,” October 5, 2026, 2:36 p.m., updated 8:05 p.m. — for the Department of National Defence account — globalnews.ca
None of the charges has been tested in court and every accused is presumed innocent until proven guilty. Everything described above as an allegation is the account of Toronto police or the Crown as reported by the outlets named. No gang, club, crime family or cartel label is used here; CP24 reports the suspects have not been tied to any organized gang, and this is an abduction, firearms and drug case in Toronto that the accounts do not tie to a gang. The National Post reports a ban on the victim’s name; he is not identified here.