Tuesday, January 4, 2011

Thieves entered through tunnel in Buenos Aires bank heist


Another reason not to keep valuables in a safe deposit box, right?!

Boston, MA

Report: Thieves entered through tunnel in Buenos Aires bank heist

By the CNN Wire Staff
January 4, 2011 -- Updated 1129 GMT (1929 HKT)
Buenos Aires, Argentina (CNN) -- Authorities in Argentina's capital are searching for at least three people who allegedly broke into a bank through an underground tunnel, state media reported.
Investigators believe the thieves entered the bank through a 30-meter (98-foot) tunnel -- replete with rugs, lighting and ventilation, the state-run Telam news agency said.
"It was truly impressive," prosecutor Martin Niklison told Telam.
Authorities traced the tunnel to a rented business space on the same block in Buenos Aires where the bank is located. It was rented in July, Niklison said, according to Telam.
The suspects broke into more than 130 safe-deposit boxes during the robbery, which occurred when the branch of Banco Provincia de Buenos Aires was closed over the New Year's holiday weekend, Telam said.
Bank security cameras recorded images of the suspects leaving with money and stolen objects, the news agency reported.

This type of robbery occurs more often than you'd believe. The lesson here folks is that your bank safe isn't nearly as invulnerable as you might think. This type of robbery was unheard fo before 2001.



Anonymous said...

In Paris too...


Alex from France said...

This kind of things happens from time to time.

In March 2010, a bank agency in the center of Paris had 200 safe boxes "emptied" during a week-end. The wrongdoers set the place on fire before leaving so as to erase their traces. They had made a hole in a nearby basement to get into the safe boxes room.

Detailed article here: http://lci.tf1.fr/france/faits-divers/2010-03/les-coffres-d-une-agence-bancaire-vides-en-plein-paris-5790715.html (in French)

John Peterson said...

I think this is one of those cases where you can't put all of your eggs in one basket. There is also the issue of government confiscation and being unable to access your safety deposit box during an economic crisis.

However, if you were looking at general risk, which is more likely thieves tunnel into your bank and rob your safety deposit box or thieves break into your house and steal your safe? I would bet on the latter.


kal said...

Guess they saw "The Bank Job"

Anonymous said...

Q: Why did they go rob the bank?

A: Because that's where the money is (was)!