Four Toronto men arrested for jewellery store robbery

The Toronto Police Service has arrested four men in connection with a robbery investigation.

It is alleged that:

– between Monday, January 4, 2010 and Friday, January 8, 2010, one of the accused contacted the owner of a jewellery business on Queen Street West and asked to purchase a three-to-four-carat diamond engagement ring,

– the owner advised the man that he located a five-carat diamond ring,

– the man, with another man, attended the victim’s jewellery business where the accused made arrangements to purchase the diamond ring for $200,000 and to buy a pair of diamond earrings for an additional $7,000.

– arrangements were made to pick up the diamond ring and earrings.

On Saturday, January 9, 2010, the accused and a third man attended the victim’s business address,

– the victim was forced to the floor while the other man pulled out a handgun and pointed it at the victim,

– the victim was then handcuffed,

– the accused stole the five-carat diamond ring and the diamond earrings and fled the jewellery store.

An investigation by the Hold Up Squad culminated in the arrest of four accused.

Arrested are:

1) Davide Compagnoni, 41, of Toronto, charged with:
– Conspiracy to commit indictable offence,
– Robbery while armed with firearm,
– Forcible confinement,
– Use firearm to commit indictable offence,
– Fraud over,
– Attempt fraud over

2) Marco Cipollone, 34, of Toronto, charged with:
– Conspiracy to commit indictable offence,
– Robbery while armed with firearm,
– Forcible confinement,
– Use firearm to commit indictable offence,
– Fraud over,

3) Antonio Bandiera, 35, of Toronto, charged with:
– Conspiracy to commit indictable offence,
– Robbery while armed with firearm,
– Forcible confinement,
– Use firearm to commit indictable offence,
– Possession Property obtained by crime,
– Fraud over,
– Attempt fraud over

4) Andrew Gordon, 34, charged with:
– Conspiracy to commit indictable offence,
– Robbery while armed with firearm,
– Forcible confinement,
– Use firearm to commit indictable offence,

A court date is to be scheduled.

Police are seeking the public’s assistance locating the stolen ring.