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$11 million silver heist: Canadian police looking for suspects who stole pure silver bars

Anna Golubova

Kitco News

(Kitco News) Toronto police are asking the public's help in their hunt for suspects involved in the theft of $11 million worth of pure silver bars.

Bars of the precious metal were stolen from a shipping container in Montreal, Quebec, on January 2020. Suspects took off with USD$11 million worth of pure silver in bullion form.

Since then, police have partially recovered some of the physical metal in Toronto, British Columbia and Massachusetts, USA.

"Investigators would like to speak to anyone who may have received these ingots or fears they may have received silver by-products from this stolen shipment," the police statement said. 

The stolen silver bars had distinctive markings, such as a serial number and "Korea Zinc" stamp. However, according to police, the bars have been smelted into ingots to be sold with less suspicion.

"Anyone with information is asked to contact police at 416-808-7300, Crime Stoppers anonymously at 416-222-TIPS (8477), online at www.222tips.com, online on our Facebook Leave a Tip page, or text TOR and your message to CRIMES (274637). Download the free Crime Stoppers Mobile App on iTunes or Google Play," the police statement said.

Image via TPS
Image via TPS
By Anna Golubova

For Kitco News

Contact agolubova@kitco.com
Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.