Canadian Underwriter
Feature

Police recover $1.4 million in stolen cargo


July 31, 2014   by


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A recent police raid helped identify roughly $1.4 million in stolen property from 15 separate cargo load thefts over the past several months, the Insurance Bureau of Canada said July 15.

“Multiple search warrants were executed on warehouses in the City of Vaughan and the City of Toronto,” York Regional Police reported in late June following the raid. “As a result of the warrants, 15 loads of cargo were recovered which contained merchandise including baby products, barbecues, household appliances, cleaning supplies, tools, musical instruments, forklifts, vehicle antifreeze and a baby grand piano.”

IBC’s cargo theft reporting database helped insurance companies and law enforcement with the return of the property, according to a release from the organization in mid-July.

“This is an excellent example of the effectiveness of our process,” Garry Robertson, IBC’s national director of investigative services commented.


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