Canadian Gold Heist

SOURCE www.nbcnews.com
Nine people are facing charges for the biggest gold theft in Canadian history, where 6,600 gold bars and CA$2.5 million in foreign currencies were stolen from Toronto's Pearson International airport. The gold was melted down and used to purchase illegal firearms.

Key Points

  • 6,600 gold bars stolen worth over CA$20 million
  • CA$2.5 million in foreign currencies also stolen
  • Gold was melted down to purchase illegal firearms

Pros

  • Successful apprehension of suspects involved in the heist
  • Prevention of illegal firearms from entering the market

Cons

  • Only a small portion of the stolen funds has been recovered
  • Brinks has sued Air Canada over the theft