7 months ago
Man Arrested in Canada's Largest Gold Heist
A man named Arsalan Chaudhary was arrested in Canada for being involved in a very big gold theft.
This theft happened at an airport in Toronto where a lot of gold bars and money were stolen.
The gold was worth over $20 million.
The police have been investigating this case, called Project 24K, and have arrested several people.
One of the people involved is believed to be in India.
The police say they will find everyone involved no matter where they hide.
A man was arrested in Canada's Peel region in connection with Project 24K, a probe into the theft of over $20 million in gold bars.
The theft occurred at Toronto Pearson International Airport on April 17, 2023, involving 400 kilograms of gold and $2.5 million in foreign currency.
Ten individuals have been charged or have arrest warrants issued against them, including a former Air Canada employee believed to be in India.
Arsalan Chaudhary, 43, was arrested at Toronto Pearson International Airport after flying in from Dubai.
Peel Regional Police Chief Nishan Duraiappah emphasized the dedication and expertise of the police in tackling complex, high-stakes crime.
- Who
- Arsalan Chaudhary and nine other individuals
- What
- Theft of over $20 million in gold bars and $2.5 million in foreign currency
- Where
- Toronto Pearson International Airport, Canada
- When
- April 17, 2023
- Why
- To exploit airline systems and redirect the cargo
Key facts
- Date of Theft
- April 17, 2023
- Location of Theft
- Toronto Pearson International Airport
- Amount Stolen
- Over $20 million in gold bars and $2.5 million in foreign currency
- Number of Accused
- 10
- Arrested Individuals
- Arsalan Chaudhary, Simran Preet Panesar, Archit Grover, Parmpal Sidhu, Amit Jalota, Prasath Paramalingam, Ali Raza, Ammad Chaudhary, Durante King-Mclean
- Investigation Name
- Project 24K
Timeline
Murder suspect Arsalan Chaudhary arrested in Canada.
He's accused of masterminding $20M gold heist at Pearson Airport.
Quotes
Peel Regional Police Inspector Mike Mavity
Inspector with Peel Regional Police
“Once the gold was removed from Air Canada cargo, he helped, we believe, facilitate the sale and get it ultimately out of Canada”
firstpost.com
“He was integral (to the heist). You need him. He is crucial to this, absolutely crucial. He is on top of the food chain.”
firstpost.com
ED Officer
Officer with the Enforcement Directorate (ED)
“Several entries have been made in the hawala diaries showing payment amounting to Rs 8.5 crore between November 2023 and February this year, strongly suggesting that funds were transferred starting a few months after the gold heist and till the time money laundering investigation started”
firstpost.com
Peel Regional Police spokesperson
Spokesperson for Peel Regional Police
“An extradition request has been submitted, and he is wanted on charges of theft over $5,000 and conspiracy to commit an indictable offence”
firstpost.com
Sources
Toronto gold heist: Accused arrested in Canada’s largest theft case, ‘key insider’ still hiding in India, say police
Man arrested in Canada’s largest gold heist in project 24K probe, police say another suspect in India
Who are the Indian-origin men behind Canada’s biggest gold heist? – Firstpost
Canada arrests suspect in 2023 $20 million heist; another accused traced to India
Fugitive Arsalan Chaudhary arrested at scene of crime in Canada’s biggest gold heist case
$20 mn gold heist: Indian arrested in Canada as suspect in Project 24K theft case – Firstpost
