Police seek suspects after $3.5M stolen from Toronto, Mississauga homes

A man and woman have been arrested and charged and two men are being sought as suspects after an estimated $3.5 million in cash, jewelry, watches, handbags and vehicles was stolen from Toronto and Mississauga homes.

2 charged, 2 sought after group allegedly broke into homes with high-end vehicles

Toronto police say warrants have been issued for the arrest of two men after an estimated $3.5 million in cash, jewelry, valuables and high-end vehicles was stolen from Toronto and Mississauga homes. (CBC)

Police say warrants have been issued for the arrest of two men after an estimated $3.5 million in cash, jewelry, watches, handbags and vehicles was stolen from Toronto and Mississauga homes.

Police say a man, 35, and a woman, 34, were arrested on Wednesday and charged in connection with the string of break-ins.

They were both charged with possession of property obtained by crime over $5,000. The pair are due in court on Thursday, July 20.

In a news release, police say they have issued warrants for the arrest of two Toronto men, one aged 38, and the other aged 21.

Police allege a group of people targeted homes with high-end vehicles, broke into the homes, and once inside, stole jewelry, cash, other valuables, along with the vehicles. 

A Toronto police investigation, dubbed Project Seconds, began in January 2017. 

On Wednesday, Toronto police and Peel regional police carried out search warrants at a Toronto home and business and recovered $200,000 worth of jewellery, watches and designer handbags, along with $70,000 in cash. 

During Project Seconds, which was a six-month investigation, police say they recovered nine vehicles, including BMWs, Audis and Mercedes, with a collective value of about $850,000.

Anyone with information is asked to contact police at 416-808-3200, Crime Stoppers anonymously at 416-222-TIPS (8477).