Some of gold stolen during Pearson Airport heist was melted down at GTA jewelry store: police

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At least some of the gold bars stolen during the heist at Pearson Airport one year ago was likely melted down in the basement of a Toronto area jewelry store, Peel police tell CP24.com.

Last week, investigators held a news conference on the one-year anniversary of the heist, announcing that five suspects has been arrested and four others are facing charges in connection with the largest gold theft in Canadian history.

One former and one current Air Canada employee are among the suspects, as well as a Toronto jewelry store owner, police said. In a statement to CP24.com on Monday, police said that equipment, which is used to change the composition of gold, was found in the basement of a GTA jewelry store. Police have also said that the only gold recovered from the heist was melted down and fashioned into six gold bracelets, worth an estimated $89,000.

 

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