1998 Bank of America robbery

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The 1998 Bank of America robbery was a robbery of $1.6 million in cash at the Bank of America in 1 World Trade Center, in New York City, on January 14, 1998.

Robbery Taking or attempting to take something of value by force or threat of force or by putting the victim in fear

Robbery is the crime of taking or attempting to take anything of value by force, threat of force, or by putting the victim in fear. According to common law, robbery is defined as taking the property of another, with the intent to permanently deprive the person of that property, by means of force or fear; that is, it is a larceny or theft accomplished by an assault. Precise definitions of the offence may vary between jurisdictions. Robbery is differentiated from other forms of theft by its inherently violent nature ; whereas many lesser forms of theft are punished as misdemeanors, robbery is always a felony in jurisdictions that distinguish between the two. Under English law, most forms of theft are triable either way, whereas robbery is triable only on indictment. The word "rob" came via French from Late Latin words of Germanic origin, from Common Germanic raub "theft".

Bank of America American multinational banking and financial services corporation

The Bank of America Corporation is an American multinational investment bank and financial services company based in Charlotte, North Carolina, with central hubs in New York City, London, Hong Kong, Minneapolis, and Toronto. Bank of America was formed through NationsBank's acquisition of BankAmerica in 1998. It is the second largest banking institution in the United States, after JPMorgan Chase. As a part of the Big Four, it services approximately 10.73% of all American bank deposits, in direct competition with Citigroup, Wells Fargo, and JPMorgan Chase. Its primary financial services revolve around commercial banking, wealth management, and investment banking.

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The robbery was plotted and executed by an actor and petty criminal named Ralph Guarino. Guarino received some intelligence from a WTC worker named Salvatore Calciano, who told him about the increased security that followed the 1993 World Trade Center bombing and would later give him his employee ID badge. Calciano also told Guarino when a Brink's armored truck would arrive to deliver money via elevator to the 11th floor of the North Tower (Tower One) of the WTC.

Brinks

The Brink's Company is an American private security and protection company headquartered outside of Richmond, Virginia. Its core business is Brink's Inc.; it spun off its Brink's Home Security operations into a separate company in 2008. The Brink's brand and reputation span around the globe. In 2013, its international network serves customers in more than 100 countries and employs approximately 134,000 people. Operations include approximately 1,100 facilities, and 13,300 vehicles. The company emerged from the Pittston Company and changed its name to the Brink's Company in 2003.

One World Trade Center Main building of the rebuilt World Trade Center complex in Lower Manhattan, New York City

One World Trade Center is the main building of the rebuilt World Trade Center complex in Lower Manhattan, New York City. One WTC is the tallest building in the United States, the tallest building in the Western Hemisphere, and the sixth-tallest in the world. The supertall structure has the same name as the North Tower of the original World Trade Center, which was destroyed in the terrorist attacks of September 11, 2001. The new skyscraper stands on the northwest corner of the 16-acre (6.5 ha) World Trade Center site, on the site of the original 6 World Trade Center. The building is bounded by West Street to the west, Vesey Street to the north, Fulton Street to the south, and Washington Street to the east.

The two of them planned the robbery and recruited three other criminals to complete the actual robbery: Richie Gillette, 39, from Windsor Terrace, Brooklyn, as well as his friends Melvin Folk, 44, and Mike Reed, 34.

Windsor Terrace, Brooklyn Neighborhood of Brooklyn in New York City

Windsor Terrace is a small residential neighborhood in the central part of the New York City borough of Brooklyn. It is bounded by Prospect Park on the east and northeast, Park Slope at 8th Avenue on the northwest, Green-Wood Cemetery on the southwest, and Kensington at Caton Avenue on the south. As of the 2010 United States Census, Windsor Terrace had 20,988 people living within its 0.503-square-mile (1.30 km2) area.

On Wednesday, January 14, 1998, a Brink's van pulled up to the World Trade Center at around 8:30 a.m. and began unloading some bags of money. Only Gillette wore a ski mask to make it more difficult for others to identify him. They successfully subdued the WTC employees and guards to steal the bags. They took a total of $1.6 million (worth $2.5 million today). [1] The robbers exited the WTC at 8:45 a.m.

In the aftermath of the robbery, Folk and Reed returned to their old neighborhoods and were quickly identified and captured. Gillette was questioned by security after boarding an Amtrak train but was not detained at the time. He was later found and arrested in Albuquerque, New Mexico, two days later, at 8:30 p.m. January 16. The FBI did not believe the three had acted alone and began to search for a mastermind. Guarino had various ideas of how to get rid of the money but ultimately was unable to follow through on any plans before FBI agents came to arrest him at his Staten Island home. Following his arrest, Guarino agreed to become an FBI informant on the DeCavalcante mafia family.

Amtrak Intercity rail operator in the United States

The National Railroad Passenger Corporation, doing business as Amtrak, is a passenger railroad service that provides medium- and long-distance intercity service in the contiguous United States and to nine Canadian cities.

Albuquerque, New Mexico City in New Mexico, United States

Albuquerque, also known locally as Duke City and abbreviated as ABQ, is the most populous city in the U.S. state of New Mexico and the 32nd-most populous city in the United States, with a census-estimated population of 558,545 in 2017. It is the principal city of the Albuquerque metropolitan area, which has 915,927 residents as of July 2018. Albuquerque's Metropolitan statistical area is the 60th-largest in the United States. The Albuquerque MSA population includes the cities of Rio Rancho, Bernalillo, Placitas, Corrales, Los Lunas, Belen, and Bosque Farms, and forms part of the larger Albuquerque–Santa Fe–Las Vegas combined statistical area, with a total population of 1,171,991 in 2016.

Staten Island Borough in New York City and county in New York, United States

Staten Island is the southernmost of the five boroughs of New York City, in the U.S. state of New York, coextensive with Richmond County. Located in the southwest portion of the city, the borough is separated from New Jersey by the Arthur Kill and the Kill Van Kull and from the rest of New York by New York Bay. With an estimated population of 479,458 in 2017, Staten Island is the least populated of the boroughs but is the third-largest in land area at 58.5 sq mi (152 km2). The borough also contains the southern-most point in the state, South Point.

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References

  1. Kit R. Roane (January 14, 1998). "3 Gunmen Rob Guards of $1.6 Million at World Trade Center Bank". The New York Times . Retrieved January 11, 2016.

Sources

Berkley Books is an imprint of Penguin Group (USA) that began as an independent company in 1955. It was established by Charles Byrne and Frederick Klein, who were working for Avon and formed "Chic News Company". They renamed it Berkley Publishing Co. in 1955. They soon found a niche in science fiction works. They were bought out in 1965 by G. P. Putnam's Sons and became their paperback publisher.

International Standard Book Number Unique numeric book identifier

The International Standard Book Number (ISBN) is a numeric commercial book identifier which is intended to be unique. Publishers purchase ISBNs from an affiliate of the International ISBN Agency.

Coordinates: 40°42′44″N74°00′48″W / 40.7121°N 74.0132°W / 40.7121; -74.0132