Bank Robbers

Writes Thomas H. Maugh II on the LA Times Science Now:

Crime doesn’t pay, at least not very well, when it comes to robbing banks, a new study finds. With unprecedented access to financial data from British banks, economists have shown that bank robbers don’t make a lot of money, certainly not enough to justify the risks involved in such an armed robbery.

“The return on an average bank robbery is, frankly, rubbish,” the researchers wrote in the statistics journal Significance. “It is not unimaginable wealth.” It is so low, in fact, that it is not financially worthwhile for banks to install screens that could further reduce robberies.

Economist Neil Rickman of the University of Surrey and his colleagues were given unusual access to financial data from the British Bankers’ Assn. Such data about robberies are not normally disclosed to the public because it is commercially sensitive and could potentially encourage copycat robbers. Treating bank robbery as a business like any other, they used normal statistical measures to calculate profitability…


Darth RobberNow we really do understand the power of the Dark Side. Hey Darth, how about addressing the Sith infestation on Wall Street? Thought there were only two at one time. Via WNWO:

The FBI and Toledo Police are investigating a Wednesday afternoon bank robbery at the Huntington Bank on Monroe Street in Toledo.

The lone gunman walked into the bank around 3 p.m., wearing a plastic Darth Vader mask, when he demanded money from victim tellers. After getting an undisclosed amount of money,he fled the scene using a dark colored BMX bike.



Who knew? From Reuters: Bank robberies in the United States take place most often in mid-morning, on Fridays and in southern and western states, according to government statistics released on Tuesday. Robbers…



Authorities in Sweden have released this video of a bank heist which occurred last September, now that several of the thieves are set to go on trial. This seems like something that should happen only in movies: the outlaws helicoptered onto the roof, broke through the ceiling and were out in minutes with $5 million in Swedish kronar. It’s hard not to applaud their efforts, just a little bit.