Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

$14.8 Million in Gold and Valuables Vanishes From Toronto’s Airport
NYT ^ | 04 20 2023 | Ian Austen

Posted on 04/20/2023 10:02:43 PM PDT by yesthatjallen

OTTAWA — Early Monday evening, a special container, about five to six square feet, was unloaded from an airplane at Toronto’s international airport. Inside it was more than 20 million Canadian dollars, about $14.8 million, in gold and other valuables. It was swiftly moved into a secure cargo holding facility.

Then, like many a suitcase, it vanished.

Announcing the theft on Thursday, Inspector Stephen Duivesteyn of the Peel Regional Police, the force that patrols Toronto Pearson Airport, offered few details about how the high-value container had disappeared beyond perhaps the obvious: by “illegal means.”

The investigators gave so little information apparently because the theft remained a mystery to them.

“We are three days in, so our investigators have their eyes open to all avenues,” Inspector Duivesteyn told reporters in Mississauga, Ontario, where the airport is. “We are looking at all angles of how this item was stolen.”

SNIP

(Excerpt) Read more at nytimes.com ...


TOPICS: Canada; Crime/Corruption; News/Current Events
KEYWORDS: airport; canada; crime; gold; goldheist; theft; toronto; yyz
Navigation: use the links below to view more comments.
first 1-2021-29 next last
This would be an easy means to make money payments to people off the books. They just "steal" the gold and are never heard from.

Bet there's a nice kickback too.

1 posted on 04/20/2023 10:02:43 PM PDT by yesthatjallen
[ Post Reply | Private Reply | View Replies]

To: yesthatjallen

It's a piece a cake!

2 posted on 04/20/2023 10:13:26 PM PDT by TigersEye (Woke is a cancer of the mind and humanity)
[ Post Reply | Private Reply | To 1 | View Replies]

To: yesthatjallen

I did the math, depending on the configuration, it’s about 14 bars of gold.


3 posted on 04/20/2023 10:14:40 PM PDT by Jonty30 (Black widow spiders aren't the only species that eats their mate after finishing with them. )
[ Post Reply | Private Reply | To 1 | View Replies]

To: TigersEye
If I recall correctly, that didn't end well for many of the participants...

Regards,

4 posted on 04/20/2023 10:24:02 PM PDT by alexander_busek (Extraordinary claims require extraordinary evidence.)
[ Post Reply | Private Reply | To 2 | View Replies]

“a special container, about five to six square feet”

Suitcase sized. Easy peasy.


5 posted on 04/20/2023 10:26:38 PM PDT by rxh4n1
[ Post Reply | Private Reply | To 1 | View Replies]

To: yesthatjallen

Another story that I read said 2 tons of gold.


6 posted on 04/20/2023 10:34:42 PM PDT by Eagles6 (Welcome to the Matrix . Orwell's "1984" was a warning, not an instruction manual.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Eagles6
Another story that I read said 2 tons of gold.

I saw that same article. Which one is right?

7 posted on 04/20/2023 10:42:06 PM PDT by Mark17 (Retired USAF air traffic controller. Father of USAF pilot. USAF aviation runs in the family )
[ Post Reply | Private Reply | To 6 | View Replies]

To: alexander_busek

We have yet to see how it works out for this new bunch.
If they’ll just keep their mouths shut, no new cars, no fur coats for the wives ... :)

As an aside, the Lufthansa heist was said to be worth $6 mil. and this one is being reported as $14.8 mil.
I suspect that after adjusting for inflation this one is worth far less.


8 posted on 04/20/2023 10:43:12 PM PDT by TigersEye (Woke is a cancer of the mind and humanity)
[ Post Reply | Private Reply | To 4 | View Replies]

To: TigersEye

The Lufthansa heist had no gold reported, but the theft amount to, in 2021 dollars, about $24.4 million.

https://en.wikipedia.org/wiki/Lufthansa_heist


9 posted on 04/20/2023 11:19:25 PM PDT by Jonty30 (Black widow spiders aren't the only species that eats their mate after finishing with them. )
[ Post Reply | Private Reply | To 8 | View Replies]

To: Jonty30

I figured it would be a lot more than $14.8 mil.

I’m a little surprised the inflation adjustment is only 4Xs as much as the ‘78 value.


10 posted on 04/20/2023 11:25:39 PM PDT by TigersEye (Woke is a cancer of the mind and humanity)
[ Post Reply | Private Reply | To 9 | View Replies]

To: yesthatjallen
Peanuts.


11 posted on 04/20/2023 11:34:19 PM PDT by C210N (Everything will be okay in the end. If it’s not okay, it’s not the end.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: TigersEye

Gold has risen well beyond the rate of inflation in that time period as well.

In December 1978, gold was worth about $920 in todays dollars.
Today, gold is trading for $2700.


12 posted on 04/20/2023 11:35:16 PM PDT by Jonty30 (Black widow spiders aren't the only species that eats their mate after finishing with them. )
[ Post Reply | Private Reply | To 10 | View Replies]

To: Jonty30

I thought the low/high for today was $2001/$2005.

Anyway, I think they are reporting the current dollar value of this heist which would be the basis of an inflation adjustment to 1978 dollar values.


13 posted on 04/20/2023 11:45:49 PM PDT by TigersEye (Woke is a cancer of the mind and humanity)
[ Post Reply | Private Reply | To 12 | View Replies]

To: yesthatjallen

Dudley Do-Right did it.


14 posted on 04/21/2023 12:44:36 AM PDT by drSteve78 (Je suis Deplorable STILL . )
[ Post Reply | Private Reply | To 1 | View Replies]

To: yesthatjallen

No Air Tag carefully hidden in a box like that?


15 posted on 04/21/2023 12:46:59 AM PDT by DesertRhino (Dogs are called man's best friend. Moslems hate dogs. Add it up..)
[ Post Reply | Private Reply | To 1 | View Replies]

To: TigersEye

I’m not saying it was aliens 👽👽👽👽👽

But it was aliens


16 posted on 04/21/2023 12:57:44 AM PDT by SaveFerris (Luke 17:28 ... as it was in the days of Lot; they did eat, they drank, they bought, they sold ......)
[ Post Reply | Private Reply | To 2 | View Replies]

To: SaveFerris
The only luggage stealing alien I know

Has anyone checked it's alibi this time?

17 posted on 04/21/2023 1:07:37 AM PDT by lowbridge ("Let’s check with Senator Schumer before we run it" - NY Times)
[ Post Reply | Private Reply | To 16 | View Replies]

To: lowbridge; null and void; nikos1121; bagster; dfwgator

That was my first suspect even before the aliens 👽👽👽👽👽👽👽👽👽👽👽👽👽

🛸🛸🛸🛸🛸🛸🛸🛸🛸🛸🛸🛸🛸

Let’s see if Nully and/or Nikos can solve this cryptogram......🤔

I have faith in bagster too

And DFWgator


18 posted on 04/21/2023 1:14:34 AM PDT by SaveFerris (Luke 17:28 ... as it was in the days of Lot; they did eat, they drank, they bought, they sold ......)
[ Post Reply | Private Reply | To 17 | View Replies]

To: Eagles6

I read that Thread too and at current price (as of 16:30 est 4/20/23) I calculated it to be $128,320,000.00 USD for the 2 tons (4000lbs * 16oz@lb * $2005 and some change @ oz) I see the price has dropped to $1985/oz at this time.


19 posted on 04/21/2023 1:31:24 AM PDT by mabarker1 ( (Congress- the opposite of PROGRESS!!! A fraud, a hypocrite, a liar. I'm a member of Congress !7)
[ Post Reply | Private Reply | To 6 | View Replies]

To: yesthatjallen

How does TWO TONS of gold walk away?


20 posted on 04/21/2023 2:02:39 AM PDT by FLT-bird
[ Post Reply | Private Reply | To 1 | View Replies]


Navigation: use the links below to view more comments.
first 1-2021-29 next last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson