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Fourth suspect arrested in Edgewater luxury high-rise home invasion robbery

Photo Credit: Mary K. Miraglia, CLIFFVIEW PILOT Courthouse Reporter
Photo Credit: Mary K. Miraglia, CLIFFVIEW PILOT Courthouse Reporter
Photo Credit: Mary K. Miraglia, CLIFFVIEW PILOT Courthouse Reporter
Photo Credit: Mary K. Miraglia, CLIFFVIEW PILOT Courthouse Reporter

YOU READ IT HERE FIRST: A six-week manhunt ended yesterday with the arrest of a fourth suspect in the luxury high-rise home-invasion robbery of developer Fred Daibes in Edgewater, Bergen County Prosecutor John L. Molinelli said this morning.

Molinelli also disclosed the identity of another suspect charged earlier in connection with the the Nov. 26 overnight robbery at the St. Moritz, which Daibes built and lives in.

Jorge Valencia, 46, was being held on a fugitive warrant pending his extradition to New Jersey following his arrest in the Boston area yesterday. Valencia ( above, left ) is charged with armed burglary, theft, possession of a handgun, hindering arrest, being a fugitive from justice and conspiracy to commit kidnapping and armed robbery. Bail was set at $1,000,000.

Molinelli also disclosed the identity of another man — 20-year-old Alexander Suarez — charged in connection with the robbery.

Developer Fred Daibes (STORY / PHOTOS: Mary K. Miraglia, CLIFFVIEW PILOT Courthouse Reporter)

Authorities said the bandits broke Daibes’ ribs while taking $2 million in cash, gold and jewelry — all of which was recovered.

Two others who live in the Gorge Road building,  Ramona Mercado Vasquez  and Adonis Sepulveda, were arrested by detectives from the Bergen County Prosecutor’s  Special Investigations Unit a day after Daibes was pulled from his bed in the middle of the night and beaten during what authorities said was a nearly three-hour ordeal.

Both continued to be held on $1 million bail each in the Bergen County Jail — although their lawyers contend that the pair was set up by building employees whom they didn’t identify.

  • YOU READ IT HERE FIRST: A judge this afternoon ordered that an Edgewater couple charged with breaking developer Fred Daibes’s ribs while taking $2 million in cash, gold and jewelry during a luxury high-rise home invasion remain held on $1 million each — with no 10% option. READ MORE ….

Authorities had been searching for Valencia, who also lives at the St. Moritz, since the robbery. After learning of his whereabouts, detectives from Molinelli’s office alerted the Boston Police Fugitive Unit and U.S. Marshal’s Office, who took him into custody yesterday without incident, the prosecutor said.

The 223-unit St. Moritz has spectacular views of Manhattan, along with amenities that include a pool with a skyline deck, a large gym and spa, 24-hour concierge, housekeeping and corporate services that include a business center, conference room and guest suites.

YOU READ IT HERE FIRST

CLIFFVIEW PILOT broke the news of the first arrests: Arrests in $2 million Edgewater home invasion robbery

CVP also was the first to report the robbery: Home invasion robbers get $2 million in cash, gold at Edgewater high-rise

Adonis Sepulveda, Ramona Mercado Vasquez
STORY / PHOTOS: Mary K. Miraglia, CLIFFVIEW PILOT Courthouse Reporter

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