The gains are quantifiable. They also come with a built-in dilemma: every minute a robber stays in the bank increases both the haul and the chance of getting caught.
If you are an economist curious about bank robberies, there is no better laboratory than Italy. From , the last period for which comprehensive public data are available, Italy averaged nearly as many bank robberies each year than the rest of Europe combined. The Italian Banking Association also retains detailed records of every heist, including the duration, amount seized, and if and when an arrest was made.
Economists Giovanni Mastrobuoni and David A. Rivers studied nearly 5, bank robberies in Italy between and The researchers also examined the economic factors that affect the decision to rob and how that information might be used to deter future crimes.
All bank robberies begin with an implicit question: Is it worth it to me to rob this particular bank, at this particular time? How complicated? To complete their research, economists Neil Rickman and Robert Witt of the University of Surrey and Barry Reilly of the University of Sussex spent months negotiating with the British Bankers' Association to obtain confidential records detailing bank heists that occurred in the U. Such detailed data are not available in the U. The statistics reveal that the average British bank robbery is committed by 1.
Going alone, however, netted the average robber more money because the amount gained by increasing a heist party did not outpace the hit taken by splitting an individual robber's spoils. The sums are not chump change, Rickman notes, but bank robbing is risky business. Roughly 33 percent of British bank heists end with no robber earning anything, and about 20 percent of raids end in capture.
The odds of arrest get worse as a robber attempts more heists. On a robber's fourth heist, for example, the odds of capture compound to 59 percent. Some would-be criminals do better than others. The article suggests, for example, that fast-rising bulletproof screens in some banks reduce a robbery's success by one third.
In , there were 2,, and in there were 2, bank robberies. So, despite what the movies say about bank heists, bank robberies are not all that common. In fact, merely 2 out of every robberies concern a bank. Likewise, the chances of catching a bank robber on the scene are higher than catching other criminal offenders.
First of all, robberies mainly occur during the day. Secondly, they are quickly reported. Without any doubt, California is the state with the highest number of bank robberies. The most recent data shows there were reported bank robberies in the Golden State in When it comes to the region, the South had the highest number of bank robberies in — , followed by the West region , the North Central , and the Northeast region Carl Gugasian, otherwise known as the Friday Night Bank Robber, is one of the most notorious bank robbers of all time.
He robbed more than 50 East Coast banks during the year period in which he operated. Gugasian committed his first robbery at the tender age of He was also known for wearing a Freddy Krueger mask. He was meticulous about everything from the baggy clothes he wore to the way he robbed banks. Why such a successful rate? Today, the banks have motion sensors, surveillance cameras, and silent teller alarms. Apart from that, there are GPS tracking devices hidden inside the money. It is hard to tell the exact number since not all bank robberies get resolved in the year they were committed.
The FBI resolved in a string of robberies from Based on bank robbery statistics, the most famous unresolved world robberies are the robbery of the British Bank of the Middle East in and the Dar Es Salaam Bank heist in No one was ever arrested for the mentioned crime, and the loot was never found. They were never caught either. Based on the available data, we can say that there are roughly 7—11 robberies per day.
For example, in , there were around 4, bank robberies, while in , there were 2, robberies. Other robberies were associated with Credit Unions , while only 4 robberies were connected with Mutual Savings Banks.
Jessica is a writer and editor from Cape Town, South Africa. She started her journey studying journalism and media studies, along with English literature. She loves any topic that she can really sink her teeth into, and she makes sure that everything she writes is thoroughly researched. You must be logged in to post a comment. Just sit back, relax, and enjoy the ride. In , there were zero bank robberies in South Africa. The biggest bank robbery ever was led by the former Iraqi president — Saddam Hussein.
There were 2, robberies of commercial banks in the US in alone. The first bank robbery in US history happened in There were a total of 25 injuries sustained during bank robberies in Arrested at the ripe old age of 92, J. Hunter Rountree is the oldest bank robber in the US. Most bank robberies in happened on a Friday. Federal Bureau of Investigation When to rob a bank? Federal Bureau of Investigation In , 2, bank robberies happened at branch offices. Guinness World Records This is the second biggest bank robbery recorded so far.
Bank robbery statistics from show that there were a total of four deaths accredited to local bank robberies. Federal Bureau of Investigation All four deaths were, in fact, perpetrator deaths. Federal Bureau of Investigation In comparison, men involved in bank robberies were Caucasian, 1, were African-American, and were African-American women. According to FBI bank robbery statistics , there were 2, robberies of commercial banks in the US in alone. Federal Bureau of Investigation In addition, there were 4 robberies of mutual savings banks, 6 robberies of savings and loan associations, robberies of credit unions, and 6 robberies of armored carrier companies.
There were a total of 25 injuries sustained during bank robberies in Federal Bureau of Investigation 12 of these injuries were sustained by employees. Bank robbery statistics from imply there were , robberies nationwide. Federal Bureau of Investigation Compared to , there was a drop of 4. Bank robbery statistics from report there were zero bank robberies for 12 months in South Africa. South Florida witnessed a rise in bank robbing due to the pandemic. Sun Sentinel Creative Industries Criminals in South Florida used the pandemic for their own benefit since walking into banks wearing surgical masks and gloves became the new normal.
Discouraging Bank Robbery Statistics How many bank robbers get caught, and why? In , Hannah Sabata was arrested for committing a bank robbery after posting a video about her crime on YouTube.
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