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The Recent Gold Heist in Toronto Airport & How to Keep Your Gold Safe?

The Toronto Airport Gold Heist

 

Airports serve as important locations for both the transportation of goods and passengers. Sometimes, the value of that cargo can be substantial. According to Canadian authorities, valuables, and gold totalling more than $20 million went missing on Monday, April 17. This is quite unusual. An extensive police investigation was still going on Friday at Toronto’s Pearson International Airport. Police were unable to figure out the cargo’s destination and whether the gold remained in Canada.

The Toronto Star reports that in 1953, 10 boxes of gold bars headed for Montreal disappeared from Pearson (then Malton Airport) in an unsolved theft.

It has previously occurred in other nations as well, such as when Chilean officials stopped a $32 million theft attempt at Santiago de Chile’s Arturo Merino Benitez International Airport (SCL).

Two heists were committed by a group of two truckers in 2020 at New York City’s John F. Kennedy International Airport.

How Can We Keep Our Valuables Safe?

You continue to be responsible for figuring out a way to safely transfer those valuables when you wish to relocate or sell them, regardless of whether you store your gold at home, in a bank safe deposit box, or at a third-party storage company.

  •  Insurance: When sending your priceless items, make sure to insure them for their full value. You will at least be able to receive financial compensation for your loss if something unfortunate were to occur. This is why whenever we send our parcels, they are always fully insured.
  •  Carrier: Choose a carrier that will offer a method of tracking and other safeguards to guarantee that your product reaches its destination safely and securely.
  • Track your belongings with a device: Consider utilizing a tracking device for your bags or valuables. This will let you monitor their whereabouts and make sure they don’t wander off during transportation (when relocating).