Bank Robbers Going the Way of Blacksmiths?

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Portrait of American bank robbers and lovers Clyde Barrow (1909 - 1934) and Bonnie Parker (1911 -1934), popularly known as Bonnie and Clyde, circa 1933.

Perhaps there really is no such thing as easy money. Based on declining bank robbery statistics, criminals seem to be realizing that it’s hard to make a living by following in the footsteps of Bonnie and Clyde.

In 2009, there were no fewer than 22 bank robberies in a trio of counties centered on Augusta, Georgia. “It felt like we were the bank robbery capital of the world that year,” Capt. Troy Elwell, of the Aiken County Sheriff’s department, recently told the Augusta Chronicle.

Last year, however, there were “just” eight bank robberies reported in the same area. In fact, the paper noted, the number of bank robberies around the country has been falling steadily for years:

According to the FBI, bank holdups have dropped nearly every year since 2003, when nearly 7,500 robberies were reported nationwide with $77 million taken. In 2011 – the last complete year for data – about 5,000 banks reported robberies with $38 million stolen.

The trend continued into 2012 with an especially sharp decline in bank heists, reports the Wall Street Journal. Nationwide, there were 3,870 bank robberies last year, according to preliminary data from the FBI. That’s roughly half the number reported in 2004, and a far cry from the high hit in 1991 of nearly 9,400 bank robberies in the U.S.

(MORE: Policing the Web: How Google’s Cops Track Down Bad Ads)

Why are criminals losing their taste for the old-fashioned bank stickup? As the WSJ story explains, better bank security and investigative techniques, as well as tougher sentencing for those getting caught, appear to play roles. Perhaps more importantly, though, bank robbers seem to be keeping up with the times by shifting to the electronic world, paralleling how banks have been replacing tellers with ATMs and digital transactions. While the number of traditional bank robberies has declined, crimes involving ATMs and online scams have soared.

“Clearly, as more and more transactions become electronic, more bank crimes become electronic,” Doug Johnson, an American Bankers Association vice president, told the Journal.

Interestingly, the age-old adage about why bank robbers rob banks—that’s where the money is—can now be used as an explanation for why criminals are increasingly turning to the Internet. Today, the cyber world is where the real money is. Going the electronic route is obviously less violent and dangerous, for criminal and victim alike, since no guns are involved.

(MORE: Thinking About Robbing a Bank? Read This First)

Still considering pulling off a bank job, with guns a-blazing? A group of British economists actually ran the numbers on bank robbery hauls and published a study last summer indicating that robbing physical banks is an absurdly high-risk, surprisingly low-payoff endeavor. “As a profitable occupation, bank robbery leaves a lot to be desired,” the study’s authors wrote.

10 comments
JackLoach
JackLoach

Sods ----- Law.

March.---- 2015.


For almost two decades we have strived to get justice for the injustice we have suffered at the hands of a world renowned bank--- PICTET & CIE. BANK.


Two yorkshiremen both running their own small family businesses trying to resolve the problem by taking all the correct legal procedures to recover their monies.


The matter was raised in Parliament – twice-- the FSA investigated the matter concluding that PICTET had rogues operating in their London Bank --- but the rogues had left ---saying no one left to prosecute.??? ----- so there.


We then approached the Financial Ombudsman Service. (FOS) --- our case was dealt with by seven different people ---- then our numerous E-Mails were ignored --- nobody would speak to us -------so there.


We then asked the SFO ( Serious Fraud Office.) to investigate our case ---- the criteria of our case ticked all their boxes. --- we were instructed not to send them

any documents/evidence.------ in fact they wrote to us advising us to go to the Citizen's Advice Bureau.(CAB.)

Richard Alderman the SFO boss ---- who responded to our letter was the same man who would not investigate the “ Madoff” scandal or the “Libor” fiasco.

The MP's committee ---- said he was sloppy--- and the SFO was run like “ Fred Karno's Circus” ----- it was an office of fraud.----- so there.


Our M.P. approached our local Chief Constable to investigate----- he was called---- Sir Norman Bettison--- Chief Constable of West Yorkshire Police ---- a force that made “ Dad's Army” look like the S.A.S. They were inept – corrupt ---malicious --- from top to bottom. We were criminally dealt with by the Forces Solicitor---- the Head of the Economic Crime Unit ----and the Chief Constable ----- so there.


We were then advised to pass our complaint against West Yorkshire Police to the I.P.C.C. – which we did --- they advised us to make our complaint to ---- the West Yorkshire Police --- we did with reluctance --- all we got was abuse and obfuscation. ----- so there.


Sir Norman Bettison ---- The Forces solicitor--- and the Head of the Economic Crime ---- have all been removed from their posts and facing criminal allegations.

------ so there.


We even sought justice through the Courts --- culminating in a visit to the Court of Appeal-London.--- On leaving the Courts of Appeal that day our barrister a “rising star” informed us --- that if that was British Justice then you can keep it. He quit the law and moved to Canada ----- so there.


A few years later we learned that one of the judges ( Lord Justice.) in our case at the Court of Appeal was related to a senior executive of the Pictet Bank -----so there.


The Ministry of Justice passed our case to Lord Myners to investigate --- we would rather have had Mickey Mouse or Donald Duck do it. --- to this day we don't know

---whether he did anything or not ---- probably not --- seeing that his wife was on the Pictet Prix Board.


Pictet & Cie .Bank --- voted private bank of the year 2013.

Ivan Pictet ---- Voted banker of the year 2012. ---- the senior partner --- lied on numerous occasions and had documents destroyed --- also said genuine documents were forgeries. ----- so there.


Ivan Pictet in Oct. 2013 ---- Given the Legion of Honour --- but saying that ---- honours were given to Hitler --- Eichmann --- Mussolini ---Franco --- he's in fitting company. ----so there.


MONTY RAPHAEL.Q.C. -- Peters & Peters.London. They were the banks lawyers.

Monty Raphael.Q.C. along with Ivan Pictet withheld crucial documents requested by the High Court ---- the FSA ---- and the police Fraud Squad. ----so there.


Monty Raphael.Q.C. became an Honorary Queens Counsellor in March. 2012.

Monty Raphael.Q.C. became a Master of the Bench in Nov.2012.

An expert in Fraud ---the Doyen of Fraud Lawyers. ----- so there.


This says a lot about Banks --- and their lawyers --the consensus of opinion is that they are highly paid “crooks” ---- no wonder they voted Ivan Pictet banker of the year. --- and Monty Raphael a Queens Counsellor – “crime does pay”?


It appears that crimes in the “establishment.” are honoured by their peers.

HONOURS AMONG THIEVES.”


Full Story.---- “google ”


Insert.----- The Crimes of ----- Pictet & Cie Bank.

or insert

Ivan Pictet/ Monty Raphael Q.C.

JackLoach
JackLoach



Swiss Bank Accounts. March.2015.


Is your monies safe in these accounts ---- definitely NOT.

Would you get your money back if every body decided to withdraw all their accounts – NO WAY.

Economic Experts say that there would only enough money to repay 50% of their clients.

Are you going to be in the 50% --- that loose your money.-- Get it out NOW.


2012 -- - June. -- Published in Anglo INFO .Geneva.--- USA Trust Fund Investors were sent false and fraudulent documents by Pictet Bank.Switzerland. in order to collect large fees. ( Like MADOFF) ---Even after the SEC in the USA uncovered the fraud Pictet continued to charge fees and drain whatever was left in these accounts. Estimated that $90,000,000 million lost in this Pictet Ponzi scheme.


2012 - - - July. -- De – Spiegel. -- states – Pictet Bank uses a letterbox company in

Panama and a tax loophole involving investments in London to gain

German millionaires as clients.

2012 - - - August ---- German Opposition Leader accuses Swiss Banks of "organised crime."


All the fines that crooked Swiss banks have incurred in the last few years exceeds £75.Billion.

It is also calculated that the secrecy " agreements" with regards to tax evation by their clients will cost the banks another £450 Billion.( paid out of your monies.).


The banks are panicking --- the are quickly restructuring their banks ---- from partnerships --

to " LIMITED COMPANIES." ----- this will probably mean that in the future --- they could

pay you only 10% of your monies " if you are one of the lucky ones" ---- and it be legal.


Google ---- The Crimes of ---- Pictet & Cie Bank.

CC88
CC88

I think you may mean, 'county'..."In fact, the paper noted, the number of bank robberies around the country has been falling steadily for years"

JaneSmith
JaneSmith

The article says ". . . robbing physical banks is an absurdly high-risk, surprisingly low-payoff endeavor."


They lie!


The best way to rob a bank . . . is to own one!

JamezePurplebudKell
JamezePurplebudKell

Thats kind of hard to justify when we had a string of bank robberies a little over a month ago. Three of the bank robbery suspects are still at large so i dont think its fading away but you dont hear much about it because they are to embarrassed to say they were robbed. I live in Los Angeles and in the last week i have heard about atleast 2 bank robberies. i guess it all depends on where you live. if your in a hick town then maybe it has not happen recently but if you live in a big city bank robberies still happen more then you think.

bobpitt
bobpitt

You teach Journalism? Man !!! they have very low standards anymore.. 

bobpitt
bobpitt

Brad Tuttle is either misinformed, or he just wrote something so he can tell his boss he has been working..

Brad, Bank robbers are more active than ever, and they much smarter than you, they don't have to be physically at the bank to rob it. They use a new invention that dates back from the 1960s, is called INTERNET..!!

and next time write something interesting, not the garbage you posted..

grousefeather
grousefeather

These days the bank robbers are inside the banks because they work for the banks.

hrpuckinfutz
hrpuckinfutz

Bank robbers are not going extinct.  You can find them on the board of any large bank in America!