3 teens charged in a string of armed currency exchange robberies in Brampton

Peel Regional Police have charged three male teens in connection to a series of armed currency exchange robberies in Brampton early this month.

Between Mar. 2 – Mar. 9 (2023) it is alleged that three teens went to six different currency exchange locations in the Region of Peel and robbed them at gunpoint.

According to police, there were no physical injuries sustained by the victims.

Investigators believe these incidents were targeted toward currency stores and say the suspects escaped using a stolen vehicle.

On Mar. 9 following an armed robbery at currency exchange shop in Brampton, police located the suspects after a high-risk vehicle stop was conducted.

As a result, the three individuals were arrested and a loaded .40 calibre handgun was recovered.

Police issued multiple search warrants at related residences where further items of evidence were found and seized.

Two 17-year-old males and a 16-year-old male, all from Brampton, have each been charged with several Criminal Code Offences including:

Six counts of robbery with a firearm, unauthorized possession of a firearm in a motor vehicle, and possession of stolen property.

The investigation is ongoing, and police say they may lay further charges.

The identities of the suspects have not been revealed as they are protected under the Youth Criminal Justice Act.

Anyone with information regarding this incident is asked to contact Peel investigators  at (905)453-2121 ext. 3410.