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Police Arrest Six People Over US$14.5 Million Gold Heist in Canada

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Gold Heist in Canada
Largest Gold Heist in Canadian History: File Photo

Six people have been arrested, including a jeweler and a commercial airline employee, and police have issued warrants for three more suspects in connection with what they say the single-largest gold robbery in Canadian history.

According to Peel Regional Police in Ontario, a joint investigation with the United States Bureau of Alcohol, Tobacco, Firearms, and Explosives (ATF) resulted in the filing of nearly two dozen charges against the suspects in connection with the nearly $20 million Canadian dollar ($14.5 million) heist that occurred a year ago.

During a news conference in Ontario on Wednesday, Peel Regional Police Detective-Sergeant Mike Mavity told reporters that 400 kilograms of gold bars weighing more than 900 pounds, as well as approximately CA$2.5 million ($1.8 million) in stolen bank notes, were hijacked at Toronto Pearson International Airport after arriving on a commercial flight from Europe.

In total, 6,600 gold bars of various sizes were stolen, each of which was “99.9% pure and contained individualized serial numbers,” according to Mavity.

Gold Was in Hull of Air Canada aeroplane: File Photo

According to Peel Regional Police in Ontario, a joint investigation with the United States Bureau of Alcohol, Tobacco, Firearms, and Explosives (ATF) resulted in nearly two dozen charges being filed against the suspects in connection with the nearly $20 million Canadian dollar heist that occurred on April 17, 2023.

On April 17, 2023, the gold and money were loaded into the hull of an Air Canada flight in “an approved airline container” bound for Toronto.

At 3:56 p.m. same day, the flight arrived at Toronto Pearson International Airport, and the gold and cash were quickly removed from the aircraft and transported to an Air Canada facility.

At 6:32 p.m., a man suspect came at air can freight driving a 5-ton truck and approached the property with what police called a counterfeit airway bill, a document used by carriers to track shipments.

Shortly after, a forklift arrived and loaded the item into the suspect’s truck. The suspect then drove off.

Fake Shipping Bill: Photo Peel Police

According to a police press release, officials discovered the document bill at 2:43 a.m. the next day to be a duplicate of an airline bill for a valid shipment of fish delivered and picked up the day before.

According to Mavity, the fake bill was produced at the Air Canada facility, and when officials discovered the products were gone, they used security footage to monitor part of the suspect’s subsequent trip until losing track of the truck in north Milton, an Ontario suburb.

Police stated that the crime was an inside operation and that a former Air Canada manager was wanted in the case.

So far police said they have arrested the following suspects in connection to the gold heist case:

  • Air Canada employee Parmpal Sidhu, 54, of Ontario
  • Jewelry store owner Ali Raza, 37, of Toronto
  • Amit Jalota, 40, of Ontario
  • Ammad Chaudhary, 43, of Ontario
  • Prasath Paramalingam, 35, of Ontario

All five were released on bail and are scheduled to appear in court at a later date, Mavity said.

The truck driver who allegedly picked up the gold, Durante King-Mclean, 25 of Ontario, is currently in custody in the U.S. on firearms and trafficking related charges.

Here are the suspects at large:

  • Air Canada manager Simran Preet Panesar, 31, of Ontario
  • Archit Grover, 36, of Ontario
  • Arsalan Chaudhary, 42, of Ontario

Only CA$90,000 ($65,000) of the more than CA$20 million recovered, said to Peel Regional Deputy Chief Nick Milinovich.

According to US Today, U.S. ATF Special Agent Eric DeGree, King-Mclean was detained in Pennsylvania following a traffic stop that resulted in the seizure of 65 illicit guns destined for Canada. According to DeGree, King-Mclean attempted to flee after police discovered the firearms in a rental car he was driving.

According to Air Canada spokesman Peter Fitzpatrick, two of the individuals identified by police worked for the airline’s cargo division at the time of the crime.

“One left the company prior to the arrests announced today, and the second has been suspended,” he stated, according to the site. “Because matter is now before the courts, we are unable to speak further.

According to the announcement, only about CA $90,000 (one kilogram of gold) has been found and melted down into bangle bracelets. According to authorities, the remaining gold was most likely melted down and used to purchase illicit weaponry.

“I commend our investigators, the ATF, other law enforcement partners, and our community for working together to identify and arrest those responsible for this brazen crime,” Peel Regional Police Chief Nishan Duraiappah said in a statement this week.

Anyone with information regarding the case should contact Peel Regional Police.

Geoff Thomas is a seasoned staff writer at VORNews, a reputable online publication. With his sharp writing skills and deep understanding of SEO, he consistently delivers high-quality, engaging content that resonates with readers. Thomas' articles are well-researched, informative, and written in a clear, concise style that keeps audiences hooked. His ability to craft compelling narratives while seamlessly incorporating relevant keywords has made him a valuable asset to the VORNews team.

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China Launches Long March-5 to the “Dark Side of Moon”

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China Launches Long March-5 Spacecraft: Getty Images

China has launched an unmanned spacecraft on a nearly two-month journey to gather rocks and soil from the moon’s far side, becoming the first country to undertake such an ambitious task.

China’s heaviest rocket, the Long March-5, lifted off at 5:27 p.m. Beijing time (0927 GMT) from the Wenchang Space Launch Center on the southern island of Hainan, carrying the Chang’e-6 probe weighing more than 8 metric tons.

China’s Chang’e-6 is entrusted with landing in the South Pole-Aitken Basin on the moon’s far side, which is continuously facing away from Earth, and retrieving and returning samples.

The launch is another significant milestone in China’s lunar and space exploration mission.

“It is a bit of a mystery to us how China has been able to develop such an ambitious and successful programme in such a short time,” said Pierre-Yves Meslin, a French researcher working on one of the Chang’e-6 mission’s scientific objectives.

In 2018, Chang’e-4 made China’s first unmanned moon landing on the far side. Chang’e-5 returned lunar samples for the first time in 44 years in 2020, and Chang’e-6 has the potential to make China the first country to retrieve samples from the moon’s “hidden” side.

Scientists, diplomats, and space agency officials from France, Italy, Pakistan, and the European Space Agency all attended the launch, which carried moon-study payloads on Chang’e-6.

However, no US groups requested for a payload place, according to Ge Ping, deputy director of the China National Space Administration’s (CNSA) Lunar Exploration and Space Program.

U.S. law prohibits China from collaborating with the United States’ space agency, NASA.

The Dark Side of the Moon

The far side of the moon, also known as the “dark side of the moon” despite receiving sunlight, is the hemisphere that always faces away from Earth. The Soviet Luna 3 spacecraft made the first observation of this strange region in 1959.

Unlike the near side, the far side lacks enormous, dark basins known as marias. Instead, hundreds of craters produced by asteroid collisions over billions of years blanket it.

The South Pole-Aitken Basin, an immense crater more than 1,500 miles wide and several miles deep, is one of the most visible landforms on the far side. This ancient impact basin is among the largest known crater formations in our solar system. The far side likewise has many mountains, ridges, and other harsh topography formed by cosmic collisions.

Studying the far side provides insights into the moon’s genesis and early history because it maintains impact records from the solar system’s turbulent childhood.

Scientists also intend to investigate it for potential resources and future lunar bases. With no atmosphere or magnetic field, the far side displays the wounds of endless meteor bombardments, exposing information about Earth’s only natural satellite that the near side lacks.

Source: Reuters

Apple Boss Tim Cook Makes Surprise China Visit

Apple Boss Tim Cook Makes Surprise China Visit

 

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Canada’s RCMP Charge 3 Indian Men Over Sikh Leaders Murder

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Canada’s Royal Canadian Mounted Police (RCMP)  have charged three Indian men with the murder of Sikh separatist leader Hardeep Singh Nijjar last year, saying they were looking into whether the suspects had any ties to the Indian government.

Nijjar, 45, was killed in June outside a Sikh temple in Surrey, a Vancouver suburb with a sizable Sikh community. A few months later, Canadian Prime Minister Justin Trudeau alleged Indian government participation, sparking a diplomatic crisis with New Delhi.

The Royal Canadian Mounted Police identified the three individuals as Karanpreet Singh, 28, Kamalpreet Singh, 22, and Karan Brar, 22.

“We’re investigating their ties, if any, to the Indian government,” said Mandeep Mooker, an RCMP superintendent, during a televised press conference. The Indian mission in Ottawa did not reply to calls for comment from Reuters.

Nijjar was a Canadian citizen who campaigned for Khalistan, an autonomous Sikh country formed out of India.

The presence of Sikh separatist groups in Canada has long irritated New Delhi, which has dubbed Nijjar a “terrorist”.

Last Monday, the White House expressed worry over the apparent involvement of the Indian intelligence service in murder plans in Canada and the United States.

The RCMP claimed they coordinated with US law enforcement authorities, but did not provide any other information, and warned that more detentions might be forthcoming.

“The probe does not end here. We are aware that others may have been involved in this homicide, and we are committed to discovering and arresting each of these individuals,” said assistant RCMP commissioner David Teboul.

Canada-India Ties Strained

The three Indian nationals were arrested in Edmonton, Alberta, on Friday, according to police. They will arrive in British Columbia on Monday.

Trudeau revealed in September that Canadian officials were looking into accusations linking Indian government agents to the murder. New Delhi dismissed Trudeau’s allegation as ludicrous.

“We welcome the arrests, but this raises a lot of new questions,” said Balpreet Singh, legal counsel and spokeswoman for the Canada-based World Sikh Organization advocacy group.

“Those who have been arrested are part of a hit squad but it’s clear that they were directed,” he added in a telephone interview.

Canada had pressed India to participate with its probe. Last November, US authorities said that an Indian government officer orchestrated the plot to assassinate Gurpatwant Singh Pannun, a Sikh separatist and dual citizen of the United States and Canada.

“While today’s action… is a step forward, it only scratches the surface,” Pannun said in a statement, calling for action to “dismantle the networks that enable and perpetuate such crimes against Canadians on Canadian soil”.

Trudeau’s Presence at Separatist Sikh Rally Enrages India: Getty Images

India Angered Over Trudeau

Meanwhile, analysts say Prime Minister Justin Trudeau‘s move shown “no appreciation of Indian concerns in Canada,” with the apparently ill-advised travel expected to discourage New Delhi from improving relations with Ottawa.

Relations between the two sides have deteriorated in recent months as a result of allegations by Trudeau’s administration that Indian intelligence agents were involved in the 2023 murder of Canadian citizen and Sikh separatist leader Hardeep Singh Nijjar.

Nijjar was involved in the 1980s and early 1990s Khalistan movement, which sought to establish an independent Sikh nation in northern India’s Punjab state. Today, the activists are largely from the Punjabi overseas diaspora, many of whom have migrated in the North American country. India has often complained to Canada about the actions of Sikh hardliners.

According to The Times of India, Indian intelligence officials were particularly concerned about the presence of “Modi Wanted” posters purportedly placed at the Toronto rally by the secessionist group Sikhs For Justice (SFJ) in retaliation to Nijjar’s murder.

While New Delhi has frequently criticized Trudeau for failing to rein in Khalistani separatists and engaging in “vote bank politics” with the Punjabi diaspora, experts disagreed on whether the government overreacted in order to acquire votes in the ongoing Indian elections.

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Good News: The Worst Could Be Over For Gas Prices This Spring

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ABC - VOR News Image

Israel and Iran have engaged in open conflict. Ukrainian drones have routinely targeted Russian oil refineries. And OPEC continues to restrict oil production.

These frightening occurrences sparked concerns about $4 gas, harming the US economy and exacerbating inflation.

However, this has not occurred, at least yet. Gas prices in the United States have stopped growing and dropped temporarily recently.

The national average was $3.66 per gallon on Monday, down from $3.68 a week ago, according to AAA.

There is growing anticipation that gas prices will peak in the spring, if not the entire year.

Patrick De Haan, head of petroleum analysis at GasBuddy, predicts that drivers will find relief at the pump in the coming weeks.

“I’m hoping the worst is behind us,” De Haan told CNN. Unless something drastic happens, there are increasing odds the national average has hit the projected spring peak.”

Tom Kloza, worldwide head of energy analysis at the Oil Price Information Service, believes gas prices will fall in the coming weeks.

“Most of the worries from the year’s first half have been resolved. “I think we’re safe until hurricane season,” Kloza remarked.

‘Could have been far worse.’

Of course, none of this implies that gas costs are cheap. They were lower in April 2021 and spring 2020, when Covid-19 kept many Americans off the roadways.

National – VOR News Image

The Worst Could Be Over For Gas Prices This Spring

Nonetheless, a springtime peak of less than $3.70 a gallon would be a win for consumers, considering the real risk of significantly higher gas costs.

“It could have been much worse,” said Andy Lipow, owner of the consultancy firm Lipow Oil Associates.

According to AAA, drivers in just seven US states pay $4 or more per gallon for gas. All those states are in the Western part of the country, followed by California, where the average is $5.40 per gallon, up from $4.88 last year.

The national average is nowhere near the record increase above $5 per gallon in June 2022.

“It seems evident that this will not be a record-setting year. “Filling your tank will feel much more normal this year,” said De Haan.

Economic and political ramifications.

Officials in Washington would most certainly breathe a sigh of relief.

Rising gasoline costs earlier this year led to lower-than-expected inflation readings, casting uncertainty on when the Federal Reserve will be able to decrease interest rates.

A rise in petrol prices is the last thing President Joe Biden wants as he works to persuade voters of his economic message before November. According to a new CNN poll, Biden’s support rating for the economy is 34%, and for inflation, it is even lower (29%).

The Biden administration backed off plans to buy crude oil for the US Strategic Petroleum Reserve, an emergency oil stockpile, earlier this month, adding to White House concerns over petrol costs.

Global – VOR News Image

Some economists expect gas prices to rise further.

Lipow believes the national average will reach $3.75 per gallon this year.

Still, that would be lower than last year’s top of $3.88 per gallon in September.

“I’m not expecting a spike in gasoline prices,” Lipow added.

There are several reasons why gas prices are now holding steady.

First, oil prices have stopped rising. On April 12, US crude oil nearly reached $88 per barrel as investors braced for Iran’s reprisal against Israel over a suspected attack on an Iranian diplomatic complex in Syria.

However, oil prices fell when Israel and its allies effectively averted the reprisal. For now, fears of a larger confrontation in the Middle East have subsided, albeit this might alter quickly. US crude fell below $83 a barrel on Monday.

There are other seasonal aspects to consider.

The transition to more expensive summer-grade gasoline at US refineries is now complete. Similarly, the reopening of refineries that had been closed for normal maintenance has aided gasoline supplies.

Record-breaking US crude output continues to increase the oil supply. All of that US oil, headed by the Permian Basin in West Texas and New Mexico, is countering OPEC+’s production cuts, which Saudi Arabia and Russia lead.

Meanwhile, gasoline demand has remained relatively low despite other indications that American consumers are spending rapidly.

USA TODAY – VOR News Image

The Worst Could Be Over For Gas Prices This Spring

The hurricane season looms.

Gas prices are at risk of reaching a double peak. That’s what happened last year, when gas prices peaked in April, fell, and then returned late in the summer as excessive heat hampered US refineries.

“Weather can wreak havoc,” said Kloza, an OPIS analyst.

A major hurricane that destroys oil facilities along the US Gulf Coast is the greater risk.

Forecasters warn that the hurricane season (which normally begins on June 1) will be extremely active. Colorado State University predicts more hurricanes and named storms than ever before.

“Hurricane season is the next major hurdle,” Kloza stated.

SOURCE – (CNN)

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