Who’s Guarding the Banks?
Monday, August 23rd, 2010
The nation’s banks lost $46 million last year in holdups. What are they doing wrong?
At a time when bank surveillance cameras produce portrait-quality images and tellers can attach GPS tracking devices to stolen money, you might think robbing a bank offers slim hope of success.
Think again. The Federal Bureau of Investigation (FBI) tallied almost 6,000 bank heists around the U.S. last year—more than 16 a day―with robbers making off with a total of $46 million. Worse still, only about half the perpetrators have been caught, and about $8 million was recovered. In just over half of the cases, robbers wrote a threatening note demanding money but didn’t display a weapon.
