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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 ...
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of 2003 and its supporting regulations have not been implemented as of 2021, [ 454 ] and law enforcement relies on the outdated Act 26 of 1956 and regulations that were ...
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]
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.
The Neshaminy Mall, once a powerhouse of Lower Bucks County retail, is for sale “as is,” according to a real estate listing. The fixer-upper, owned by Brookfield Properties sits nearly empty ...
It was the largest cash robbery to have occurred in the United States until the Easter Sunday heist on March 31, 2024 which was estimated at over $30 million. [ 2 ] While the group left almost no evidence, Hill was implicated two years later when he accidentally gave a real estate broker a stack of banknotes that were still secured in their ...
The sale is led by a 1932 Picasso portrait of Marie-These and is expected to sell more than $120 million, crowning it as one of the most important and valuable paintings ever to come to market.