Toronto police say that the toys were given to the Salvation Army but that they were stolen over a two-year period with the intention of selling at a profit.
The missing toys were turned up by an internal Salvation Army audit. A whistle-blower reportedly alerted Army leadership to the thefts earlier this year and the exec was placed on paid leave in August pending investigation.
According to the Toronto Star, the police got involved in early November and the executive was fired from his position last week. Over the weekend, cops discovered around 150 skids of toys and other donated goods at a warehouse in Brampton, Ontario. A second stash believed to be part of the theft was located in North York.
Investigators identified Northern Sales Group, a company with a warehouse located at Weston Rd. and Steeles Ave., as a wholesaler involved in the redistribution scheme.
Police say they are looking to arrest at least one more person, an employee of a wholesaler allegedly involved in the reselling of the pilfered goods.