Gold shipment valued at $625,000 goes missing at Miami airport

Gold bars are seen in this picture illustration taken at the Istanbul Gold Refinery in Istanbul March 12, 2013. REUTERS/Murad Sezer
Gold bars are seen in this picture illustration taken at the Istanbul Gold Refinery in Istanbul March 12, 2013. REUTERS/Murad Sezer

A shipment of gold with a declared value of $625,000 has gone missing in a suspected heist at Miami International Airport, authorities said on Thursday.

A theft incident report from the Miami-Dade Police Department said the gold, packed in a box, arrived at Miami International early Tuesday morning on an American Airlines flight from Guayaquil, Ecuador.

Miami International serves as a major trans-shipment point for large quantities of gold produced in South America and exported primarily to Switzerland for refining.

The plane’s cargo was unloaded but the box containing the gold disappeared after apparently being loaded onto a motorized luggage cart or tug, the report said.

The cart was found in front of a gate of the same terminal were the flight from Ecuador was unloaded, about an hour after workers emptied the cargo hold, but without the box containing the gold.

The police incident report did not say who owned the gold or what its final destination was and an American Airlines security official at the airport declined to comment on the case, saying only that it was being investigated by the FBI.

“The FBI is aware of the situation,” FBI spokesman Michael Leverock told Reuters in an email.

Miami has seen the trans-shipment of gold rise sharply in recent years as investors have turned to gold and its price has risen. Gold is Miami’s No. 1 import valued at almost $8 billion last year, mostly from Mexico and Colombia, and almost all destined for Switzerland, according to World City, a Miami-based publication that tracks trade data.

 


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