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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 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 ...
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]
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 ...
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Hill confessed, implicating the five other robbers, and three other men who had assisted in laundering the money. [3] Pace was sentenced to 24 years in prison in 2001; Boyd was sentenced to 17 years, and the other four robbers received sentences ranging from 8 to 10 years. Two of the men who assisted in money laundering were sentenced to 2.5 years.
At 10:10 a.m. on Thursday, Toms River Police were dispatched to Venzio Jewelers in the mall regarding a burglary and theft, police said. ... New details on $1M jewelry heist at Ocean County Mall ...