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Warning for gold buyers

Toronto Police warn jewellers to watch for gold bars stamped with kangaroos

Toronto police are warning workers in the jewellery and metal industries to be on the lookout for someone trying to sell gold bars stamped with kangaroos.

Police say someone used a fraudulently obtained bank draft for nearly $1.9-million to buy gold bars in Montreal last month.

Among the treasure were 75 unique 10-ounce gold bars that have the symbol of the Perth Mint in Australia on the front and kangaroos on the back.

Police said someone tried to sell the gold bars in Toronto on Feb. 14.

Toronto Police are warning those who work with precious metals “of the possibility that persons may attempt to pass these fraudulently obtained gold bars at their places of business,” according to a news release.

The Canadian Bankers Association is offering a $50,000 reward for any information leading to the recovery of the bars and the conviction of the thief.


dave62, 3/2/2011
CCRS member since: 3/29/2008
Posts: 118

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Postings in this thread

Warning for gold buyers (dave62, 3/2/2011)
 Re: Warning for gold buyers (Dick, 3/2/2011)
  Re: Warning for gold buyers (dave62, 3/2/2011)
   Re: Warning for gold buyers (Dick, 3/3/2011)

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