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Peel Police Arrest Suspect Arriving From Dubai in 2023 Pearson Gold Heist

Investigators say the cross-border probe has not recovered the gold, believed melted and exported.

Overview

  • Peel Regional Police arrested 43-year-old Arsalan Chaudhary at Toronto Pearson after he landed from Dubai on Jan. 12 and held him for a bail hearing.
  • Chaudhary is charged with theft over $5,000, two counts of possession of property obtained by crime, and conspiracy to commit an indictable offence.
  • The April 17, 2023 shipment from Zurich contained about 400 kilograms of .9999-pure gold and foreign currency that was removed from a cargo facility using a fraudulent airway bill and a five-ton truck.
  • Project 24K has identified 10 suspects and produced more than 21 charges, with seizures including cash, luxury vehicles, high-end watches and firearms.
  • Several suspects remain outstanding, including a former Air Canada employee believed to be in India with an extradition request, a Brampton man under a bench warrant, and a U.S.-based suspect wanted in Canada.