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Cash-in-transit (CIT) or cash/valuables-in-transit (CVIT) is the physical transfer of banknotes, coins, credit cards and items of value from one location to another. The locations include cash centers and bank branches, ATM points, bureaux de change , large retailers and other premises holding large amounts of cash, such as ticket vending ...
Cash-in-transit heists are one of the most dramatic illustrations of a crime wave that’s shocked even the most hardened South Africans, with murder at a 20-year high. ... 24/7 Help. For premium ...
Securitas stopped the handling of cash and sold the Tonbridge depot to Vaultex, a company run by Barclays and HSBC. [8] Howard Sounes published a book about the crime in 2009, entitled Heist: The True Story of the World's Biggest Cash Robbery. [2] A decade after the robbery, in 2016, £32 million had still not been recovered. [30]
The explosives are used to bomb ATMs, rob cash-in-transit vehicles, for illegal mining operations, or more recently as a tool of extortion during robberies. The Explosives Act of 2003 and its supporting regulations have not been implemented as of 2021, [ 454 ] and law enforcement relies on the outdated Act 26 of 1956 and regulations that were ...
[6] [7] [8] The Flying Squad received intelligence that the gang intended to rob a cash-in-transit van operated by the security services company G4S as it made a delivery to a HSBC bank branch in Chandler's Ford, Hampshire. The gang had used a handgun in previous robberies and had fired at bank staff and members of the public.
If the cash were in various denominations, like $5s, $10s and $20s, the weight of $1 million in cash could be closer to 250 pounds (115 kilograms), which could bring the overall weight of last ...
This article originally appeared on Asbury Park Press: New details on $1M jewelry heist at Ocean County Mall, but no arrests. Show comments. Advertisement. Advertisement. In Other News.
A Brink's van in Germany in 2008. The Brink's Company is an American cash handling company, headquartered in Richmond, Virginia.Its operations include cash-in-transit, ATM replenishment & maintenance, and cash management & payment services, such as vault outsourcing, money processing, intelligent safe services, and international transportation of valuables.