Latest update June 1st, 2026 12:37 AM
Bandits grab over $1M in cash, luxury items from Chinese businessman
(Kaieteur News) – A Chinese businessman was targeted by five masked, armed men in a daring home invasion early Wednesday morning and made off with over $1 million in cash, luxury watches, and electronics.
The victim, a 42-year-old businessman residing at Lot 2098 Providence Gardens, was asleep in the upper flat of his two-storey home around 2:00 a.m. when the suspects entered through a lower flat bedroom window after cutting the security grill. Police said two of the men reportedly held handguns to the businessman’s head while the others ransacked both flats.
Among the items stolen were: $1,000,000 GYD in cash; one silver Omega watch valued at US$10,000; Black HP notebook ($300,000 GYD); two cellphones: Samsung with GTT SIM (#744-1799) and Huawei with Digicel SIM (#697-8808 Pro), valued at $460,000 GYD combined.
The assailants escaped in a silver car; the make, model, and registration remain unknown. No shots were fired, and the businessman was unharmed, police said. Police from Providence Station processed the scene and are reviewing nearby CCTV footage. The DVR system and the victim’s monitoring devices were also stolen. Investigators noted no latent fingerprints were recovered. Statements could not be taken immediately due to a language barrier. The case remains under active investigation. Authorities urge anyone with information about the suspects or the vehicle to contact the Providence Police.
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