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Pearson Gold Heist Organizer Gets Four Years, $22 Million Restitution Order

The sentence signals an ongoing push to track suspects, recover assets.

Overview

  • Arsalan Chaudhary, sentenced Wednesday in Brampton, received a four-year prison term with 174 days credited for time already served.
  • Ontario Court Justice Shannon McPherson ordered Chaudhary to repay $22 million through a restitution order that will remain in place for 40 years.
  • Chaudhary pleaded guilty to theft over $5,000 after his January arrest at Toronto Pearson following a flight from Dubai.
  • Police say two suspects remain wanted nearly three years later, naming former Air Canada employee Simran Preet Panesar and Brampton resident Prasath Paramalingam.
  • Investigators report the 2023 theft used a fake airway bill to remove a Zurich shipment containing about 400 kilograms of gold and $2.5 million in cash.