The U.S. Attorney’s Office for the District of Connecticut announced on June 8 that Saif Faiq, of St. Louis, pleaded guilty in Hartford federal court to conspiracy to interfere with commerce by robbery, a charge carrying a maximum sentence of 20 years. His sentencing is scheduled for August 28.
The case traces back to August 25, 2024, when Danbury police arrested six Florida men following a violent carjacking of a Lamborghini Urus and the abduction of its two occupants. Court documents revealed the victims were the parents of someone prosecutors allege participated in the theft of hundreds of millions of dollars in Bitcoin.
Faiq’s role was organisational. According to prosecutors, he helped recruit participants, coordinated logistics with Adam Iza, and conducted surveillance on the victims ahead of the planned home invasion and kidnapping. He travelled to Connecticut specifically to take part in the operation.
Investigators also alleged that a co-conspirator had a prior altercation with the victims’ son at a Miami nightclub in July 2024, an encounter that prosecutors say preceded the organised abduction. That individual later provided funding, arranged transportation, and secured lodging before the Danbury incident.
As the U.S. Attorney’s Office stated: “In an attempt to steal some of that Bitcoin, Faiq and others planned and coordinated the attempted robbery and ultimately the kidnapping.”
Faiq has been in custody since his arrest on November 12, 2025. Iza, identified by prosecutors as Faiq’s brother, pleaded guilty to the same charge on June 1, 2026, and remains detained pending sentencing.
All six individuals arrested at the scene in Danbury have also pleaded guilty, bringing the total number of defendants who have admitted their roles to eight.