Toronto: Gold, worth over CA$ 30 million, stolen during the largest heist in Canadian history, may have ended up in India, according to law enforcement.
The gold, in 6600 bars, was stolen from an Air Canada cargo terminal in Toronto’s Pearson Airport on April 17 last year. But it may not be recovered, as a Peel Police Service Board heard during a June 21 meeting, details of which appeared in Canadian media on Saturday.
“We believe a large portion has gone overseas to markets that are flush with gold,” Peel Regional Police or PRP’s lead investigator in the case Detective Sergeant Mike Mavity said.
“That would be Dubai, or India, where you can take gold with serial numbers on it and they will still honour it and melt it down…and we believe that happened very shortly after the incident,” according to a report in the outlet CBC News
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