“Details and Arrests” Revealed in $22 Million Pearson Gold Heist Wednesday

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Police are announcing arrests Wednesday morning in connection with a massive $22 million gold heist at Toronto Pearson International Airport.

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The incident took place one year ago on Wednesday, April 17, 2023, and involved the theft of a “high-value container” from the hold after it was disembarked from an Air Canada flight.

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Details surrounding the theft were scarce, but Peel Regional Police officers are expected to release more information on Wednesday.

He was the first to report the theft Toronto Sun At that time, 22 million dollars in gold and banknotes were stolen in an incident that happened in the evening.

a confidential note shared with the company Sun at that time the bank in question T.D. Although the identity of the other financial institution is unknown, it is understood that the gold and notes were being shipped as part of a banking operation.

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A source said shortly after the heist, the thieves took only a portion of the shipment, not the entire shipment.

Police at the time described the shipping container that held the gold as rectangular in size, in the five- to six-foot range.

This was reported by an information source Sun At the time, the police believed that whoever carried out the theft had inside help.

Others Sun Sources suggest that the heist was organized by South Asian mafias, while other reports suggest that the gold was immediately loaded onto a truck and shipped to the Port of Montreal.

Brink's lawsuit against Air Canada may shed some light on the circumstances.

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Brink said in his complaint that an unknown person gained access to Air Canada's cargo hold after providing false documents, CP24 reported Tuesday.

An October 6, 2023 affidavit says employees handed over $2 million (US) in currency and 400 kilograms of gold bars (worth more than $21 million) to the suspected thief.

Peel Regional Police said in a Tuesday news release that Wednesday's news conference will include an announcement of “statements and arrests” related to the investigation, known as Project 24K.

Representatives from Peel Regional Police and the US Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF) are expected.

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