Ron Shore holds a solid silver eagle statue at Portage and Main St in Winnipeg Nov. 3, 2010. (THE CANADIAN PRESS/ Winnipeg Free Press - Joe Bryksa)

Stolen golden eagle not worth $7M

Owner claims he was ambushed by two men, and had planned to sell the statue to raise money for breast cancer research

A diamond-studded golden eagle statue reported stolen in a violent robbery in 2016 is worth $930,450, not $7 million as its owner originally claimed, according to court documents.

Ron Shore’s company Forgotten Treasures International Inc. has filed a lawsuit in B.C. Supreme Court against several insurers for denying his claim over the theft of the eagle.

Shore made an emotional plea for the return of the statue at a news conference in June 2016. He told reporters he was in Delta, B.C., when two men ambushed him, hit him over the head with a large flashlight and stole the eagle, plus a less-valuable decoy.

At the time, he said the elaborate eight-kilogram sculpture had been appraised at $7 million and he planned to sell it to raise money for breast cancer research.

In the recently filed lawsuit, Shore says the appraised value of the eagle is $930,450.

When reached by phone Thursday, Shore said he could not comment on the discrepancy because of the ongoing police investigation into the theft.

“Everything can be explained in court and it’s a very simple situation,” he said. “I have been instructed by the police not to say anything. It’s all part of the investigation.”

Delta Police spokeswoman Cris Leykauf confirmed officers were still investigating the case.

In the statement of claim, Shore’s company says it operates an international treasure hunt to raise money for cancer research. The focus of the treasure hunt is the eagle sculpture, which is made of solid gold and encrusted with 763 diamonds, the company says.

At the end of the treasure hunt, Forgotten Treasures planned to sell the golden eagle in order to finance the final prize, with the remainder of the proceeds being donated to cancer research, the statement of claim says.

The court document describes the attack that Shore says he suffered. It says he took the eagle to an event to promote the treasure hunt, and as he was walking to his car, he was attacked, hit over the head and robbed.

Thieves snatched the golden eagle as well as a silver eagle worth approximately $175,000, the lawsuit says.

Shore chased one of the thieves and caught up with him when he got into a truck, the lawsuit says. He reached into the truck through the window and grabbed the robber, who dragged him for about 200 metres before running over his leg, it says.

The leg injury resulted in two surgeries and a year-long recovery, the statement of claim says.

It also says a witness called police and, despite Shore’s full co-operation with officers, the theft remains unsolved.

None of Shore’s allegations have been proven in court.

Two insurers named in the lawsuit — Endeavour Insurance Services Ltd. and Hub International Ltd. — did not immediately return requests for comment.

Another firm, Lloyd’s Underwriters, said it cannot comment on matters involving ongoing litigation.

No statement of defence has been filed.

The lawsuit says Shore immediately notified the insurers of the theft, but a claims adjuster “failed to examine the claim objectively, treating the denial of coverage as a foregone conclusion.”

At one point, the adjuster appeared to make an immediate settlement offer if Shore would take a lie detector test, the lawsuit says. Shore immediately agreed to take the test, but the adjuster revoked the offer, the lawsuit says.

The insurers formally denied coverage in October 2016, the lawsuit says.

Shore’s company is seeking $400,000 in compensation for the gold eagle and $53,750 for the silver eagle.

The Canadian Press

Like us on Facebook and follow us on Twitter.

Just Posted

Ponoka County residents divided on farmland uses

There were about 150 people at the county’s meeting related to reducing confined feeding operations.

Breton RCMP seek motorist who may have witnessed crime

Breton RCMP requesting public assistance in identifying suspects of break and enter

Rimbey set to change advertising methods with new bylaw

Deadline for written submissions set for Aug. 17

Ponoka County slows changes to CFO plans

Residents speak their concerns over the potential of changing areas allowing CFOs

Rimbey’s truck museum opening of expansion held

Prominent in the display is local author Janette Oke (nee Steeves)

UPDATED: Gord Bamford Foundation Charity Gala brings the stars to Central Alberta

The Gala raises money for various children’s charities throughout Canada

Kids, seniors at risk as smoke from distant fires hangs over parts of B.C.

B.C. Centre for Disease Control says children’s lungs don’t fully develop until about age 10

New plan to lift more than two million people past the poverty line

Anti-poverty strategy will aim for 50 per cent cut in low-income rates: source

Liberals scrap lottery system for reuniting immigrants with their parents

Lottery for parent sponsorship to be replaced, more applications to be accepted

Lacombe, Red Deer and Ponoka counties launch agricultural plastics recycling program

The three counties signed an agreement with Merlin Plastics

Trudeau says he won’t apologize to heckler, pledges to call out ‘hate speech’

Prime Minister had accused woman of racism as she shouted about illegal immigration at Quebec rally

Smoke from B.C. wildfires prompts air quality advisories across Western Canada

A massive cloud of smoke hangs over B.C. and Alberta due to wildfires

Pope on sex abuse: “We showed no care for the little ones”

In response to the Pennsylvania report, Francis labeled the misconduct “crimes”

Multiple quakes kill at least 12 on Indonesian islands

A shallow magnitude 6.9 quake that hit about 10 p.m causing landslides

Most Read