One year ago today, Toronto Pearson International Airport witnessed the largest gold heist in Canadian history. Over $20 million worth of gold bars and cash vanished from the secure cargo facility, leaving authorities scratching their heads. But yesterday, on the anniversary of the crime, Peel Regional Police announced a significant breakthrough: multiple arrests in connection with the daring theft.

A Well-Orchestrated Scheme

The stolen goods, valued at over $20 million, included 6,600 gold bars weighing over 400 kilograms and $2.5 million in cash. The shipment arrived safely at Pearson from Zurich, Switzerland, aboard an Air Canada flight. However, before secure transport by Brink’s Canada could take place, the gold vanished.

Investigators soon discovered a meticulously planned scheme. A suspect, believed to have collaborated with Air Canada employees, presented a fraudulent airway bill – a critical document for cargo handling. This deception bypassed security protocols, allowing the suspect to walk away with the precious cargo.

The Investigation Unfolds

Following the heist, Peel Regional Police launched a major investigation dubbed “Project 24K.” The investigation revealed a crucial detail: an insider job. The collaboration between the suspect and Air Canada personnel exposed vulnerabilities within the cargo handling process.

Arrests Made, Connection to Firearms Trafficking Emerges

Yesterday’s press conference brought a sigh of relief to many. Police announced the arrest of six individuals and issued warrants for three more suspects.

Det.-Sgt. Mike Mavity, the lead investigator, revealed a surprising twist in the case. The investigation uncovered a connection between the stolen gold and a gun-trafficking ring operating in the United States. It’s believed that some of the heist proceeds were used to purchase illegal firearms. Police suspect the stolen gold bars were melted down and sold on the black market, making them difficult to trace.

Justice on the Horizon

With nine individuals facing charges, including Air Canada employees, the legal proceedings are likely still ongoing. This case serves as a stark reminder of the importance of robust security measures and the complexities of inside jobs. The resolution of this heist, though delayed, brings a sense of closure and underscores law enforcement’s commitment to tackling large-scale criminal activity.