Former Perth Mint contractor charged after stolen gold bar found at residence

Last month, Australia’s Perth Mint prompted an internal investigation after it became aware of a missing one-kilogram gold bar.

The mint’s security team determined the gold bar was stolen and contacted the Gold Stealing Detection Unit of the Western Australian Police. The missing gold was given a value of $52,457 AUD (about $53,100 Cdn.).

On April 11, police searched the home of a 25-year-old man in Ballajura—a suburb just north of Perth—where a one-kilogram gold bar was discovered. The man was a former contractor at the Perth Mint Refinery.

10-YEAR PENALTY

The former contractor was charged with stealing as a servant as well as gaining benefit through fraud. He appeared before the Perth Magistrate’s Court on May 5. Police allege the thief stole the gold bar while working on contract at the mint’s refinery; however, the investigation is ongoing.

According to a story published by The West Australian on May 6, the defendant was granted bail. The maximum penalty for stealing as a servant is 10 years in jail.

Leave a Reply

Keep up to date with the numismatic community

Sign up to receive our newsletter.

Canadian Coin News

Canada

Canadian Coin News is Canada's premier source of information about coins, notes and medals.

Although we cover the entire world of numismatics, the majority of our readers are Canadian, and we concentrate on the unique circumstances surrounding collecting in our native land.

Send Us Your Event

Running an event? Send it to us and we will display it on Canadian Coin News!

Submit Event →

Subscribe To 26 Issues For Just $47.99/year

Subscribe today to receive Canada's premier coin publication. Canadian Coin News is available in both paper and digital forms.

Subscribe Now

We acknowledge the financial support of the Government of Canada through the Canada Periodical Fund of the Department of Canadian Heritage.