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The Maple Syrup Heist
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FBN’s Gerri Willis on the arrest of three suspects in Canada accused of stealing maple syrup.
- Duration 2:11
- Date Dec 20, 2012
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FBN’s Gerri Willis on the arrest of three suspects in Canada accused of stealing maple syrup.
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In the criminal justice system cornering a commodity market it's considered a high stakes -- putting Canada and it's a pancake crime and the story you're about to hear is true.
This week.
Police in Quebec arrested three men in connection with a brazen heist of the province's most prized product high grade maple syrup.
That's right the simple bottle of maple syrup that you buy at the grocery store it's not just a sugar high no it's part of a highly lucrative.
Yet little noticed commodities market that Canadians dominate.
Like OPEC domination of the world oil markets Quebec monopolize as the maple syrup market.
Producing as much as 78%.
Of the high value commodity.
And since 1999 the -- -- used a marketing system that set strict quotas for producers and requires them to sell through a federation.
In the spring of twenty -- public.
A critical change -- the -- plan in motion a good harvest met maple syrup production sugar spikes.
There was so much production the federation was forced at a warehouse its third to accommodate overflow.
Enter the savvy criminals Fiat hoping to score the perfect heist.
Their goal to steal as much syrup is their sticky hands could handle from the strategic maple reserve that's what it's really well.
First they rented a portion of the new warehouse the federation was then.
This allow them to drive large trucks into the building then they began -- the barrels of maple syrup refilling them with water.
They resold the syrup on the open market setting themselves up as legitimate maple -- dealers.
And because grocery stores don't use the bar code on syrup bottles they were able to sell for full price.
Crazy right over time they helped themselves to six million pounds of Sarah.
When police stumbled on a few empty barrels the crime was unmasked.
Today.
There behind bars brought to justice spike Quebec police who followed their -- -- trail.
I have one word for these perpetrators.
Saps.