Peel Regional Police is set to provide an update on the high-profile gold heist that took place at Toronto Pearson International Airport last year, where $20 million worth of gold and other high-value items were stolen. The update, to be livestreamed on globalnews.ca, will involve details and arrests made in connection with the theft. The heist first came to light on April 20, 2023, bringing international attention to the case.

Peel Regional Police initially stated that an aircraft had landed at Pearson carrying precious cargo, which was then removed from a holding facility by illegal means. Investigators were exploring all angles to determine how the theft took place but were unable to provide specific details at that time. The airline that shipped the cargo, the destination of the cargo, and the origin of the plane were not disclosed due to the ongoing investigation.

New information about the heist came to light in an October lawsuit filed by Brink’s Inc. against Air Canada. According to court filings, an unidentified individual gained access to the airline’s cargo warehouse on April 17 and presented a fraudulent waybill to obtain 400 kilograms of gold and nearly $2 million in cash. The thief then took off with the cargo, which had been delivered to Pearson from Zurich and was deposited at an Air Canada warehouse before being stolen by the culprit.

Brink’s is seeking about $23 million in damages from Air Canada for breach of contract in connection with the heist. The security company had arranged for the cargo to be transported to Toronto from Zurich, but it was intercepted and stolen before it could reach its intended destination. Air Canada declined to comment on the matter as it was being litigated at the time of the lawsuit. The claims made in the lawsuit have not yet been tested in court and the investigation into the theft continues.

The update from Peel Regional Police and the U.S. Alcohol, Tobacco and Firearms Bureau is expected to shed light on the progress made in the case, including any arrests that have been made in relation to the theft. The livestream of the update on globalnews.ca will provide more information on the details surrounding the heist and the steps taken by authorities to address the situation. The investigation into the high-profile gold heist at Pearson International Airport remains ongoing as law enforcement agencies work to bring those responsible to justice.

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