I'm not going to repeat the whole sorry tale, which you can find at the Toronto Journal, but here is one part I found especially disheartening:
Oddly enough, the police and many bicyclists were aware that Mr. Kenk’s little shop, the Bicycle Clinic, appeared to be a black hole that consumed stolen bicycles. Bike theft victims regularly discovered their missing bicycles there, and were often able to recover them, either through vigorous argument or a payment of $30 or $40.I've had a bike stolen, I think most cyclists have at one point or another. I lost mine because I was an idiot and left my bike in the back of my pickup (under a locked camper shell, but still) on a street that was not highly traveled at night. But to think that there was this sort of organized system operating in a city with as many cyclists as Toronto, and that no charges were successfully brought is just depressing.
Hopefully this time something will stick.