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Air Canada
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Post says Air Canada's gold heist was relatively small

2024-04-17 09:26 ET - In the News

The National Post reports in its Wednesday edition that at the first anniversary of one of Canada's most befuddling and high-profile crimes -- the theft of 24 gold bars from Toronto's Pearson airport -- an British gold company has ranked the hit as the sixth-largest gold heist in the modern history. The Post's Adrian Humphries writes that the heist, in which gold bars weighing 400 kilograms worth $38.13-million arrived by plane from Switzerland but vanished from Toronto's airport before it could be collected by its owners, was on April 17, 2023. Police are expected to announce arrests in the case today. As alarming and eye-catching as the theft is (a shipping container stuffed with gold bullion and cash apparently being picked up by an unknown and unauthorized person less than an hour after arriving at an Air Canada cargo facility on the edge of the airport property) it is far from the biggest gold heist in terms of the value of the loot. The biggest gold heist in modern history is the British Bank of the Middle East heist in Beirut on Jan. 20, 1976. This brute-force attack saw a gang blasting through a wall of the bank during Lebanon's civil war. This ranking put the loss at 12,000 kilograms of gold worth $1.14-billion.

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