Police found equipment in a store used to transform much of the $20-million in stolen gold into jewelry, including smelting machines and forging tools
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Police say a large quantity — but not all — of the 400 kilograms of nearly pure bullion bars stolen in the Toronto airport gold heist was melted and transformed in a workshop in the basement of a local jewelry store.
Smelting equipment used to turn molten gold into long, thin strips, and another machine that can twist and shape metal into bracelets were found by police inside the basement forge that included an oxy-acetylene torch, crucibles, metal tongs, and moulds.
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…into jewelry, giving insights into how stolen gold is processed and smuggled, shedding light on the criminal underworld’s techniques.
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