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Indian man arrested in Canada’s $22.5 million gold and cash heist

kent-jackson by kent-jackson
May 13, 2024
in News
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Indian man arrested in Canada’s $22.5 million gold and cash heist
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Image Source : PEEL REGIONAL POLICE Archit Grover, 36, was arrested by Peel Police on May 6.

Toronto: Another individual of Indian origin, Archit Grover, 36, has been arrested in connection with a multimillion-dollar gold and cash heist in Canada last year. Grover, a resident of Brampton, was apprehended upon his arrival from India at Toronto’s Pearson airport. Peel police stated he is facing charges of theft of $5,000 and conspiracy to commit an indictable offense. Grover is also facing firearm-related charges in the United States.

Insight:

It is crucial to note that the involvement of individuals of Indian origin in such large-scale criminal operations can have broader implications for the community, reinforcing stereotypes and perceptions. This underscores the importance of ethical conduct and adherence to the law regardless of one’s background.

Grover was taken into custody for a bail hearing and appeared before the Ontario Court of Justice in Brampton. His arrest followed the announcement by Peel police and the Philadelphia Field Division of the Bureau of Alcohol, Tobacco, Firearms, and Explosives of five arrests in the case on April 17. Two individuals related to the incident are still at large.

Case Details:

The heist occurred on April 17, 2023, when an air cargo container containing over 22 million Canadian dollars’ worth of gold bars and foreign currency was stolen from a secure storage facility at Pearson airport using fraudulent paperwork. The gold and currency had just arrived from Zurich, Switzerland, on an Air Canada flight. The theft involved the collaboration of two former Air Canada employees and stands as the largest in Canada’s history.

Insight:

The sophisticated nature of the heist, which included the use of fake documentation, highlights the need for heightened security measures and stringent protocols in the transportation and handling of valuable commodities.

In addition to Grover, two other Indian-origin men, Parmpal Sidhu, 54, and Amit Jalota, 40, who were residents of Ontario, were among those arrested on April 17. The investigation revealed that the stolen cargo, consisting of 6,600 bars of pure gold weighing 400 kilograms, valued over $20 million, was offloaded from the airport and then reported as missing the next day.

Repercussions:

Following the heist, Air Canada suspended one cargo division employee linked to the theft, while another employee had already left the company. The airline faced a lawsuit from Brinks, a transport and security services provider, alleging negligence in the handling of the valuables. The recovery of firearms purchased with the proceeds from the theft further complicates the case.

Insight:

The legal actions and consequences resulting from the heist underscore the importance of accountability in corporate practices and the need for comprehensive security measures to prevent such criminal activities. The involvement of firearms purchased with stolen funds also raises concerns about the potential escalation of criminal activities associated with financial crimes.

(with inputs from agencies)

ALSO READ | Fourth suspect arrested in Canada in connection with Nijjar murder case, India responds

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Image Source : PEEL REGIONAL POLICE Archit Grover, 36, was arrested by Peel Police on May 6.

Toronto: Another individual of Indian origin, Archit Grover, 36, has been arrested in connection with a multimillion-dollar gold and cash heist in Canada last year. Grover, a resident of Brampton, was apprehended upon his arrival from India at Toronto’s Pearson airport. Peel police stated he is facing charges of theft of $5,000 and conspiracy to commit an indictable offense. Grover is also facing firearm-related charges in the United States.

Insight:

It is crucial to note that the involvement of individuals of Indian origin in such large-scale criminal operations can have broader implications for the community, reinforcing stereotypes and perceptions. This underscores the importance of ethical conduct and adherence to the law regardless of one’s background.

Grover was taken into custody for a bail hearing and appeared before the Ontario Court of Justice in Brampton. His arrest followed the announcement by Peel police and the Philadelphia Field Division of the Bureau of Alcohol, Tobacco, Firearms, and Explosives of five arrests in the case on April 17. Two individuals related to the incident are still at large.

Case Details:

The heist occurred on April 17, 2023, when an air cargo container containing over 22 million Canadian dollars’ worth of gold bars and foreign currency was stolen from a secure storage facility at Pearson airport using fraudulent paperwork. The gold and currency had just arrived from Zurich, Switzerland, on an Air Canada flight. The theft involved the collaboration of two former Air Canada employees and stands as the largest in Canada’s history.

Insight:

The sophisticated nature of the heist, which included the use of fake documentation, highlights the need for heightened security measures and stringent protocols in the transportation and handling of valuable commodities.

In addition to Grover, two other Indian-origin men, Parmpal Sidhu, 54, and Amit Jalota, 40, who were residents of Ontario, were among those arrested on April 17. The investigation revealed that the stolen cargo, consisting of 6,600 bars of pure gold weighing 400 kilograms, valued over $20 million, was offloaded from the airport and then reported as missing the next day.

Repercussions:

Following the heist, Air Canada suspended one cargo division employee linked to the theft, while another employee had already left the company. The airline faced a lawsuit from Brinks, a transport and security services provider, alleging negligence in the handling of the valuables. The recovery of firearms purchased with the proceeds from the theft further complicates the case.

Insight:

The legal actions and consequences resulting from the heist underscore the importance of accountability in corporate practices and the need for comprehensive security measures to prevent such criminal activities. The involvement of firearms purchased with stolen funds also raises concerns about the potential escalation of criminal activities associated with financial crimes.

(with inputs from agencies)

ALSO READ | Fourth suspect arrested in Canada in connection with Nijjar murder case, India responds

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