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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.
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.
An additional robbery took place in March, 1999 while a Loomis semi truck was in transit from Sacramento, California, to San Francisco. During transit, one or more robbers boarded the truck, cut a hole in the roof, removed approximately $2.3 million, and exited the truck with the money, completely evading detection.
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.
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 ...
On 3 October 2024, six armed men raided a Safeguard Security Services vehicle parked outside Ecobank's Parkade Centre branch in Bulawayo.The theft was valued at US$4–5 million, making it one of the largest bank robberies in Zimbabwe.
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.