Categories: Local Businesses

The True Story of a Bank Robbery

This is an event that happened about ten years ago.   On the face of it, it seems straight forward, but is it?

A bank was robbed, the robbers made off with the contents of the vault.   The employees, who had been locked in the vault were traumatised.  They were unable to say much, crying and confused.  The retrieved security footage showed average built people, presumably men, wearing masks.

The accountants estimated that there was about Fifteen Million dollars in the bank, although the Manager presented some information that there was Twenty One Million Dollars.

The employees went home for two weeks, received counseling.  Some were able to return to work after the two weeks, but were sent to a different branch.   Some were not ready and got another two weeks.

Meanwhile, the accountants and auditors went over and over the documents, trying to ascertain exactly how much money was missing.

Some documents made it Twenty One, Some Fifteen, and some suggested Eleven, so the problems were not only that the bank was robbed but that there had been so much confusion in the early moments of rescue, and the count for the day, that long after all the employees were back at work, the Accountants and Auditors were still trying to ascertain how much money had been there.

The Manager, who had been helpful and useful suddenly had post traumatic stress.  He went to a psychiatrist who found a laundry list of mental issues.

He took leave, and left the island, and never returned.

Over time, the police did have a few break throughs  but all they recovered was just over Nine Million dollars.

Trying to work out how much each robber could have carried, the size of the bags,  it seemed that Eleven Million was the limit of what could have been in the bank at the time.

The insurance company refused to go above Eleven Million, leaving the Accountants and Auditors trying to figure out where the other numbers came from, or where the money went.

  • kaylar

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    • I think insurance companies have a ceiling as to how much should be paid to a bank in case it is robbed. Usually, they make the ceiling of how they can pay only according to the amount that was agreed in the policy according to how much premium also they have paid for it.

      That kind of robbery also happened here in our city. I was also an employee in a bank then. One of the banks were robbed before lunch time. All the employees were all made to drop on the floor. . All the customers were made to lie on the floor, head down. When a pregnant woman can't lay head facing down well , she was kicked in the butt

      The manager, cashier and the employees were all locked inside the vault.

      When the robbers were gone, they shouted at that small hole in the vault where it is really made for that.

      Officers from the other bank were made to open the vault by telling them the combinations. They changed the combinations after that.

    • In this case, the manager had been embezzeling money from the bank. This is why the numbers didn't match.

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