Your balance = £40,000,000

Discussion in 'General Chat' started by Heavymental, Feb 23, 2006.

  1. Heavymental

    Heavymental

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    Wow....thats a big money bank job!

    Interesting guy on ITN news last night a 'money laundering expert' who was talking about the practicalities of such a thing. Even in 50's the money would weigh a hell of a lot. Certainly made it very hard for themselves by stealing 40m instead of just a few million. But obviously the rewards are higher!! Apparently they will have to get themselves to a country where a bank will take that amount of money without asking any questions. I wonder if they've got a good plan because it sounds like a hell of an operation.

    Did they ever catch those guys who did that big bank job in Ireland?
     
    Heavymental, Feb 23, 2006
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  2. Heavymental

    michaelab desafinado

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    They won't do it all in one go of course. May well take several years.
     
    michaelab, Feb 23, 2006
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  3. Heavymental

    Heavymental

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    Yeah I would imagine it will but then you got the question of where you'd keep all that money over the years of laundering! Like the guy on the news said...all the robbers mates are likely to be bad guys who might want to get their hands on it themselves so its going to be a hell of an operation to keep it safe and sound while they work at it.

    Cripes those guys must be living on adrenalin at the moment!
     
    Heavymental, Feb 23, 2006
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  4. Heavymental

    mr cat Member of the month

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    I imagine they'll be off their heads on coke and champers whilst throwing the money around the room...b'stards... :D
     
    mr cat, Feb 23, 2006
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  5. Heavymental

    Heavymental

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    Its like that chocolate bar advert from a couple of years back isn't it...got all the cash but where do you go spend big notes without raising suspicion? It'll no doubt be ages before they can actually spend the money and I guess they will always have the police sniffing them out for the rest of their days. If you suddenly had alot of money, or started buying expensive things, would the police be aware of that? I guess if you had no obvious explanation for where you got the cash to buy all these things you'd be under suspicion?

    Course, I'm sure they'll not be hanging around in the UK but I think I'd want a very water tight plan if I'm going to suddenly become a multimillionaire! Guess its the same with drug lords and other heavyweight criminals aswell, do they have to have a good explanation of why they are so filthy rich!?

    Anyway...it would be a hell of an adventure even if they don't get away with it! Few years in prison maybe but you take your chances don't you!

    Edit: Ah well this answers a few questions...
    http://news.bbc.co.uk/1/hi/uk/4742362.stm

    sounds like a lot of hard work.

    Cripes...hell of a tale on this subject!
    http://212.58.224.121/crime/caseclosed/brinksmat.shtml
     
    Last edited by a moderator: Feb 23, 2006
    Heavymental, Feb 23, 2006
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  6. Heavymental

    badchamp Thermionic Member

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    I expect the site staff will have their spending habits rather closely observed for a while as I think it's suggested there must have been some inside information involved.

    Jeff
     
    badchamp, Feb 23, 2006
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  7. Heavymental

    greg Its a G thing

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    Interesting point. The Manager's kidnap may have been a ruse. Imagine if he agreed to his wife and child being kidnapped (knowing nothing would actually happen to them) agreed to be apparently kidnapped himself, etc.... leaving a traumatised woman and child in return for his cut. Call me cynical.

    Certainly 40M is far more of a problem that it might first appear. initially it has to be kept somewhere. Assuming you can find somewhere secure it can be stolen from you, so the fewer people involved the better, but moving it requires a few pairs of hands. There's the ongoing anxiety which could send you mad, especially if celebrating involves lots of bugle.

    Getting it physically overseas isnt a simple problem, buying stuff with cash generally is limited. Conversion into black market goods such as drugs then risks capture due to drug dealing.

    I guess these are nice problems to have though.
     
    greg, Feb 23, 2006
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  8. Heavymental

    Heavymental

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    Hmm that link to the Brinks Mat story I posted earlier says the first link (to the security guard who arrived late to work that day) was made pretty quickly and the investigation seemed to take a big step forward after that from investigating him thoroughly. Plus all the staff are going to be susepct number 1 so as soon as they do anything suspicious (long holiday, big money in the bank, new car, quit job etc) they'll be nailed. Dunno if I'd want a link with someone on the inside as you're sure to get sniffed out once that link gets exposed. As happened in the Brinks Mat case.

    Very complicated when you start thinking about it. Lots of trusty people required to pull it off and do you get many of them in the underworld!?
     
    Heavymental, Feb 23, 2006
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  9. Heavymental

    greg Its a G thing

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    Of course the insider might just go missing before seeing any returns and I guess before any investigation might sniff him out. Cull the weak etc.
     
    greg, Feb 23, 2006
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  10. Heavymental

    Heavymental

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    Not in on this are you greg!?:eek: :D

    Be interesting to see how this case goes.
     
    Heavymental, Feb 23, 2006
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  11. Heavymental

    Uncle Ants In Recordeo Speramus

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    I predict they will get caught
     
    Last edited by a moderator: Feb 23, 2006
    Uncle Ants, Feb 23, 2006
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  12. Heavymental

    auric FOSS

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    The BofE could always bring forward any proposed change in the way say £50 and that would cause problems when swapping old style notes for new. Purchasing assets such as land or properties within the UK would not be a very clever idea as both the BofE and Plod do tend to keep an eye out for large cash transfers. If the tried to purchase smaller convertible assets like gold bars I expect they would have the same problem as purchasing property. We now are in the area of swapping for already stolen antiques, paintings or other such trinkets but can you trust the crooks you are dealing with?

    The only other two ideas for use within the UK that I can think of areare of they used the cash to finance a string of drug factories and living of the income produced from that or they could use a bent bond dealer, stockbroker or someone in the financial world who would just pay lip service to the “know your customer†rules and at at a click of a mouse render the cash clean.

    If the cash has already left the UK and is destine for a bank of more than dubious parentage then the then the robbers may well be shafted by the crooks running the bank – not as easy as one would think (or so I have been told:D).

    PS it has for long been roumured that some political groups on the Island of Ireland have thought about this long and hard and may have developed and used processes to solve problems of this size - but again would you trust them?
     
    auric, Feb 23, 2006
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  13. Heavymental

    felix part-time Horta

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    <snip> It's amazing what teh determined thief can manage. Theft of plant from construction sites is a real problem. Not just the odd genset - the big kit that goes walkies really makes you wonder.

    2 or 3 years ago, an 8-axle heavy-lift mobile crane went missing from a site north of London. This is something that is maybe 100tons, well over 3m wide(so usu. has an escort), 18M+ long, does maybe 25mph downhill and is painted BRIGHT YELLOW. It was never recovered, but believed to have been sold in Europe. The logistics of that still amaze me - you don't just trundle one down to Dover and get it on the next ferry...
     
    felix, Feb 23, 2006
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  14. Heavymental

    Uncle Ants In Recordeo Speramus

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    Well clearly they took it to pieces stashed it into the hand luggage of a large number of accomplices, walked it onto the ferry and reassembled it the other side ... or something :)

    Either that or they disguised it as a Volvo.
     
    Uncle Ants, Feb 23, 2006
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  15. Heavymental

    johnhunt recidivist

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    since the robbery i've been wondering about exactly which part of south east london they all hail from. low and behold - forest hill
     
    johnhunt, Feb 24, 2006
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  16. Heavymental

    greg Its a G thing

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    LoL
     
    greg, Feb 24, 2006
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  17. Heavymental

    greg Its a G thing

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    In fact money laundering legislation now requires car traders and jewellers to report cash transactions of 10K and over. Obviously there are all sorts of bent folks out there, but it is now harder than ever in this country to convert large amounts of cash into usable, legal assets.

    The "Layer Cake" principle - buy 8 burger vans per person - park them up in lockups, declare 8 * 3K per week per person. Of course you'd need receipts for purchase of stock, etc. Even then that's a mere 24K per week each. At least that's footballer level lifestyle.

    I guess a fun way would be just loads of betting :)
     
    greg, Feb 24, 2006
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  18. Heavymental

    auric FOSS

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    Greg, I know we are both right but one can always live in hope ;)

     
    auric, Feb 25, 2006
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