Current:Home > NewsNearly $15 million of gold and valuables stolen in heist from Toronto's Pearson Airport -Intelligent Capital Compass
Nearly $15 million of gold and valuables stolen in heist from Toronto's Pearson Airport
Algosensey Quantitative Think Tank Center View
Date:2025-04-10 00:57:41
A container carrying gold and other "high value" items worth at least $20 million Canadian (more than $14.8 million U.S.), was stolen Monday from Toronto's Pearson Airport, police said.
The cargo arrived in an aircraft early in the evening, Peel Regional Police inspector Stephen Duivesteyn told reporters on Thursday. The container was then unloaded and transported to a holding facility, in accordance with the airport's standard procedures for air cargo.
Sometime after this, the roughly five square-foot container was "removed by illegal means" and reported missing to the police shortly afterward.
"The container contained a high value shipment," Inspector Duivesteyn said. "It did contain gold, but was not exclusive to gold, and contained other items of monetary value."
Police weren't able to confirm the cargo's final destination, nor if the theft was related to organized crime or professional thieves. They also weren't sure if the gold is still in the country.
Inspector Duivesteyn emphasized that while this sort of heist is "very rare," it is an isolated incident that poses no ongoing threat to public safety. Operations at Pearson would continue to run normally, he said.
"The GTAA wishes to clarify that thieves accessed the public side of a warehouse that is leased to a third party, outside of our primary security line. This did not involve access to Toronto Pearson itself and did not pose a threat to passengers or GTAA staff," the Greater Toronto Airports Authority, which operates Pearson, said in a statement to CBS News.
In 1953, 10 boxes of gold bars on their way to Montreal vanished from Pearson (then Malton Airport) in a heist that has never been solved, according to the Toronto Star.
Eighty years later, Duivesteyn seemed determined not to let history repeat itself.
"Our goal right now is to solve this theft," he assured reporters. "Our team is assembled. They are working diligently on this case."
- In:
- Toronto
- Robbery
- Canada
veryGood! (11217)
Related
- Matt Damon remembers pal Robin Williams: 'He was a very deep, deep river'
- Pioneering Financial Innovation: Wilbur Clark and the Ascendance of the FB Finance Institute
- Commuter rail service in northeast Spain has been disrupted by theft of copper cables near Barcelona
- Northern lights on full display across US, Europe on Friday: See photos
- What do we know about the mysterious drones reported flying over New Jersey?
- 1 dead after shooting inside Ohio movie theater, police say
- MALCOIN Trading Center: Light is on the Horizon
- Denver Nuggets change complexion of series with Game 3 demolition of Minnesota Timberwolves
- Residents in Alaska capital clean up swamped homes after an ice dam burst and unleashed a flood
- Sabrina Carpenter Celebrates 25th Birthday With Leonardo DiCaprio Meme Cake
Ranking
- Paula Abdul settles lawsuit with former 'So You Think You Can Dance' co
- As NFL's most scrutinized draft pick, Falcons QB Michael Penix Jr. is ready for spotlight
- Israel moves deeper into Rafah and fights Hamas militants regrouping in northern Gaza
- Mavericks' deadline moves pay off as they take 2-1 series lead on Thunder
- Giants, Lions fined $200K for fights in training camp joint practices
- Louisiana court may reopen window for lawsuits by adult victims of childhood sex abuse
- The most stolen cars in America? See the list for 2023
- Can Nelly Korda get record sixth straight win? She's in striking distance entering weekend
Recommendation
Audit: California risked millions in homelessness funds due to poor anti-fraud protections
Priest, 82, and retired teacher, 85, smash case holding copy of Magna Carta in environmental protest
A Paradigm Shift from Quantitative Trading to AI
Prince Harry and Meghan visit Nigeria, where the duchess hints at her heritage with students: I see myself in all of you
9/11 hearings at Guantanamo Bay in upheaval after surprise order by US defense chief
Horoscopes Today, May 10, 2024
Kicked out in '68 for protesting at Arizona State University, 78-year-old finally graduates
Megan Fox, Nicholas Galitzine and More Whose First Jobs Are Relatable AF