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newsMar 24, 20261:31

Gold Heist Mastermind Pleads Guilty

About this episode

Arsalan Chaudhary, key figure in Canadas largest gold heist, pleads guilty; over $22 million worth of gold and cash stolen from Air Canada warehouse; Chaudhary helped organize non-violent theft, fled to Dubai, surrendered in January; ten involved, eight in custody, two fugitives remain; Chaudharys ledger reveals proceeds split, gold melted and sold on black market, cash used for illegal gun buys in US; Peel Regional Police continue hunting remaining suspects, one believed in India with extradition request out; Chaudhary awaits sentencing as investigation continues.

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Gold Heist Mastermind Pleads Guilty

Toronto News Today | 2 Min News | The Daily News Now!

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Toronto News Today | 2 Min News | The Daily News Now!Gold Heist Mastermind Pleads Guilty. Machine-transcribed; use the interactive transcript above to jump the player to any line.

A key figure in one of Canada's biggest gold heists has pleaded guilty. 43-year-old Arsalan Chaudhary admitted his role in stealing more than $22 million worth of gold and cash from an air Canada. Cargo Warehouse at Toronto's Pearson Airport back in April of 2023. It's considered the largest such theft in Canadian history, and the sixth biggest worldwide, with most of the loot still missing. History helped organize the simple, non-violent grab where thieves use the fake shipping document to load a container packed with nearly four. Hundred kilograms of gold bars onto a truck and drive off just hours after it landed from Switzerland. He fled to Dubai afterward, but surrendered to police at the same airport in January. The case grabbed worldwide headlines and sparked a major police push, identifying ten people involved. Eight are now in custody, including Chaudhary, leaving just two fugitives on the run. Court details revealed a ledger. Chaudhary kept tracking how proceeds were split, with the gold melted down in a local jewelry

shop in Seoul, Cheaplyon, the black market. Some cash-funded illegal gun buys in the United States for smuggling into Canada, leading to related arrests there. Peel regional police continue hunting the remaining suspects, one believed in India with an extra-dition request out, while Chaudhary awaits sentencing. As the investigation ties up loose ends, I'm Cory with the story. That's your Toronto News Today update, AI-powered and always on.

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