48 stolen vehicles seized, 150 charges laid in Toronto police investigations
Officers say 48 vehicles with a combined value of just under $4 million were recently seized as part of an undercover Toronto police investigation focused on the trafficking, shipping, and re-vinning of stolen vehicles.
Speaking at a news conference in Toronto on Wednesday, police provided details on two separate but related undercover investigations, dubbed Project Spectre and Project Paranoid.
Police said Project Spectre, an investigation into a network of individuals involved in narcotics and firearms trafficking, was launched in April 2023. During that investigation, police said, an undercover operator managed to purchase six illegal firearms and a quantity of illicit drugs.
“Information obtained during Project Spectre led to a new investigation focused on the trafficking, shipping, and re-vinning of stolen vehicles,” Staff Supt. Pauline Gray told reporters.
According to Gray, seven suspects face a combined 150 charges in connection with the two investigations.
Police said 20 of the vehicles that were seized during Project Paranoid were recovered as part of a joint effort with the Halton Regional Police Service. Those vehicles, police said, have a combined value of about $1 million and were found at a shipper location in Burlington.
Twenty other vehicles were intercepted by police in Toronto and Montreal with the help of the CBSA and five were purchased by an undercover operator, police said. Three more were located during the execution of search warrants, Supt. Steve Watts said Wednesday.
“During the investigation, there were several businesses in the GTA which were identified as locations where stolen motor-vehicles were stored and sold prior to being shipped overseas and/or re-vinned and re-registered to be sold domestically,” he added.
Ontarians ‘especially vulnerable’ to auto theft
The probe was conducted in collaboration with investigators from Équité, a national organization that aims to reduce and prevent insurance fraud and crime.
“In Canada, a vehicle is stolen every five minutes. The vehicles that the organized crime groups are targeting in Ontario are newer and have greater value than ever before,” Bryan Gast, the vice-president of investigative services at Équité, told reporters on Wednesday.
“Since 2020, the claim costs have increased by 319 per cent. And for the first time, Ontario has experienced over $1 billion in auto theft claims costs in a single year in 2023.”
Gast said last year’s auto theft claims costs were up $300 million from 2022.
“Profit margins are high and historically, the risk of consequences for criminals are low. As a result, stolen vehicles are frequently trafficked in order finance and carry out other criminal activity,” he said.
“Ontario’s population, high-volume of targeted vehicles and its proximity to the port of Montreal make it especially vulnerable.”
CTVNews.ca Top Stories
Shooting at Michigan splash pad leaves 'nine, maybe 10 victims': authorities
Gunfire erupted at a splash pad in the Detroit suburb of Rochester Hills, leaving as many as 10 people wounded, authorities said.
FOLLOW LIVE Oilers-Panthers Game 4: Oilers lead 6-1 in the third
The Edmonton Oilers lead the Florida Panthers 6-1 after two periods in Game 4.
A new tax filing system could give Canadians more than $1 billion in unclaimed benefits: PBO
Canadians would get more than $1 billion in unclaimed benefits each year through an automatic tax filing system, according to a report published by the Parliamentary Budget Officer (PBO).
'They're not human beings, they're animals': Trump blasts immigrants for taking jobs
Donald Trump blamed immigrants for stealing jobs and government resources as he courted separate groups of Black voters and hardcore conservatives in battleground Michigan on Saturday.
Video shows northern Ont. storm hammer shoreline, breaking dock
The owner of a northern Ont. camp is continuing to clean up after an intense storm that prompted a tornado warning Thursday ripped through the area breaking his dock and downing trees.
'All hands on deck situation': City of Calgary declares state of local emergency over water main break
The City of Calgary declared a local state of emergency Saturday morning in response to the latest developments in a major water main break that is impacting the city.
U.K. royals unite on palace balcony as Princess of Wales returns to public view after cancer diagnosis
London put on a display of birthday pageantry Saturday for King Charles III, a military parade that marked the Princess of Wales ' first public appearance since her cancer diagnosis early this year.
Trudeau calls into question findings of stunning watchdog foreign interference report
Prime Minister Justin Trudeau says he has concerns with how conclusions were gathered in a spy watchdog report.
BREAKING A 'brazen daylight shooting': 16-year-old boy was fatally shot in Scarborough during fight, say police
Toronto police are appealing for witnesses and information as they deploy a “significant amount of resources” into the investigation of the fatal shooting of a 16-year-old boy in Scarborough on Saturday afternoon.