His associates were to hide the cash until the heat was off. After that he crossed the border into Mexico, taking $50,000 with him (the maximum that could be taken without authorization). Ghantt just loaded more than $17.3 million into a branded truck then went on to move the cash to private cars with his associates. Eventually, eight people convicted for this crime, with as many as sixteen others proven of having indirectly helped them. It was masterminded by its regional vault supervisor David Scott Ghantt. This heist was the second that the company had faced in seven months. October 1997 Loomis Fargo robberyġ997 was definitely a tough year for Loomis Fargo. Five of the perpetrators were sent to prison, but the authorities managed to recover only $1.5 million of stolen money. It was the biggest cash robbery in US history at that time. The crime was planned for a weekend before millions of dollars in cash receipts would go to the banks on Monday. When his armed associates punched a hole in the wooden roof of the armored car company’s headquarters, Potamitis let them in and handcuffed himself to make it look like he had been overpowered. Though it was an inside job, the robbers tried to make it look like a standard heist. Sentry Armoured Car Company was robbed of $11 million by its guard Christos Potamitis and his associates.
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