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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.
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of 2003 and its supporting regulations have not been implemented as of 2021, [ 454 ] and law enforcement relies on the outdated Act 26 of 1956 and regulations that were ...
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 ...
An intelligent banknote neutralisation system (IBNS) is a security system, that is used by banks, ATMs, retail establishments, vending machines [citation needed] and the cash-in-transit industry, to render stolen funds un-useable and easily identifable. Dye packs are inserted between bills in random bundles.
In one of the largest cash heists in Los Angeles history, thieves made off with as much as $30 million in an Easter Sunday burglary at a San Fernando Valley money storage facility, an L.A. police ...
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 ...
Exclusive: The mall finally lined up a buyer after three years of uncertainty and financial woes. It last was sold a decade ago for $248M. $39M deal in place for sale of struggling Northlake Mall.
The Plymouth Mail robbery, or what the press dubbed "The Great Plymouth Mail Truck Robbery" was, at the time of its occurrence, the largest cash heist of all time. On August 14, 1962, two gunmen stopped a U.S. Mail truck that was delivering $1.5 million in small bills from Cape Cod to the Federal Reserve Bank in Boston, Massachusetts.