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Canada's Largest Gold Heist: Nine Charged, Significant Gold Unrecovered

A year after the theft at Toronto's Pearson Airport, most of the stolen gold remains unaccounted for, with only a fraction recovered.

  • Nine individuals, including two former Air Canada employees, face charges related to the theft of 6,600 gold bars valued at over $20 million CAD.
  • The heist, described as the largest in Canadian history, involved insiders at Air Canada and resulted in minimal recovery of the stolen gold.
  • Authorities have recovered only $89,000 CAD worth of gold in the form of six bracelets, with most of the gold believed to have been melted down.
  • The stolen gold was allegedly used to purchase illegal firearms, leading to additional charges against the suspects.
  • Legal disputes continue as Brinks Co. has sued Air Canada, claiming negligence in the handling of the cargo.
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