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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.
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 ...
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] In the opinion of a former detective superintendent, the cash would have quickly been absorbed into organised crime networks. [8]
On March 29, 1997, Johnson pulled off what was then the largest cash heist in U.S. history, [2] taking $18.8 million ($29.2 million today) from the armored vehicle he was driving. Johnson overpowered two of his co-workers and left them handcuffed in different locations.
The biggest cash heist in L.A. history didn't go down at a bank. It occurred at a warehouse in a quiet corner of Sylmar. Early on March 31, thieves breached the roof of a Roxford Street facility ...
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The 1999 Loomis truck robbery was a daring currency heist of a Loomis, Fargo & Co. semi-trailer truck on March 24, 1999, still unsolved. At some point during its route transporting money from Sacramento, California to San Francisco, one or more robbers boarded the truck, cut a hole in the roof, removed approximately 2.3 million dollars, and disappeared with the money, completely evading ...
A brazen Los Angeles cash heist on Easter weekend in which thieves cracked a safe and got away with as much as $30 million is believed to be one of the largest such heists in U.S. history. L.A ...