Thieves steal $15M in gold, valuables in Toronto airport heist

Nearly $15 million in gold and other valuables was brazenly snatched from a “high value” shipping container at Canada’s busiest airport earlier this week, authorities said Thursday.

The heist unfolded after the cargo was unloaded from a plane shortly after landing at Toronto Pearson International Airport on Monday night.

“As per normal procedure, the aircraft was unloaded and cargo was transported from the aircraft to a holding cargo facility,” Peel Regional Police Inspector Stephen Duivesteyn said.

“The container contained a high value shipment. It did contain gold but it was not exclusive to gold. It contained other items of monetary value.”


Toronto airport
The heist unfolded after the “high value” cargo was unloaded from a plane shortly after landing at Toronto Pearson International Airport on Monday night.
Toronto Star via Getty Images

The cargo, which was “regular aircraft container” size, vanished sometime later and the missing good were subsequently reported to authorities, cops said.

Police wouldn’t reveal where the shipping container had come from — or its final destination.

They also did not elaborate on exactly what other valuable items were inside the container.

The value of the stolen items exceed more than $14.8 million, or $20 million Canadian dollars, police said.


Peel Regional Police Inspector Stephen Duivesteyn
Peel Regional Police Inspector Stephen Duivesteyn said the stolen items were worth more than $14.8 million.
Toronto Star via Getty Images

“This is an isolated incident,” Duivesteyn insisted, adding the public had no reason to be concerned. “This is very rare.”

The thieves managed to access the holding cargo facility via the public side of a warehouse that’s leased to a third party, the Greater Toronto Airports Authority said in a statement.

That warehouse is outside the GTAA’s primary security line, they added.


Passengers inside the terminal
Police described the brazen airport theft as an isolated incident and “very rare.”
REUTERS

The theft “did not involve access to Toronto Pearson itself and did not pose a threat to passengers or GTAA staff.”

No arrests have yet been made.

“We’re three days in, so our investigators have their eyes open to all avenues,” Duivesteyn said.