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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of 2003 and its supporting regulations have not been implemented as of 2021, [ 454 ] and law enforcement relies on the outdated Act 26 of 1956 and regulations that were ...
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 ...
A G4S cash-in-transit van, similar to the one involved in the robbery. The Chandler's Ford shooting (codenamed Operation Hurlock by the police) was the shooting of armed robbers in the town of Chandler's Ford, Hampshire, in southern England, on 13 September 2007.
But the two-story, 1.1-million-square-foot mall fell into receivership in 2021 after failing to pay its debts. Spinoso , of Syracuse, New York, has maintained and operated the mall, and collects rent.
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 ...