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Mystery heist : how did robber steal US$22,000 from Singapore bank armed with nothing

Krauser

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Mystery heist : how did robber steal US$22,000 from Singapore bank armed with nothing more than a piece of paper?

A police spokesman confirmed the robbery and said no weapon was used, but gave no details of the note’s contents

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PUBLISHED : Friday, 08 July, 2016, 4:01pm
UPDATED : Friday, 08 July, 2016, 4:01pm

Agence France-Presse

Singapore police said on Friday they are hunting a man who managed to steal more than US$22,000 from a bank using nothing but a piece of paper.

The suspect, described as Caucasian, strolled into a Standard Chartered branch in Holland Village, an expatriate enclave of the city, around lunchtime on Thursday and handed staff a note with his demands.

Minutes later, he walked out of the branch with S$30,000 (HK$172,500) in cash, a source close to the investigation said.

A police spokesman confirmed the robbery and said no weapon was used, but gave no details of the note’s contents.

One resident, who lives in the Chip Bee Gardens estate across the street, told The Straits Times that police visited his home with a picture of the suspect. He was described as Caucasian and dressed in a grey hoodie and mustard trousers.

In a statement later, a Standard Chartered Bank spokesman said that no employee or customer was injured in the incident.

The spokesman added that the bank has filed a police report and is assisting with investigations.

“We would like to highlight that the safety of our customers and staff are our top priority and our branch staff are all well trained to react in such situations,” the spokesman said.

Bank robberies are rare in Singapore, whose tough stance against crime and strict ban on private gun ownership have made it one of Asia’s safest cities.

The last attempt was in November 2008 when a man disguised himself as a woman threatened tellers with what he called a “bomb” in a paper bag. He was restrained by bank staff and arrested.


 

scroobal

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Re: Mystery heist : how did robber steal US$22,000 from Singapore bank armed with not

Its is common and popular method of committing robbery. The slip of paper will carry a threat usually suggesting that the robber is in possession of a weapon. Which teller is silly and stupid enough to argue and possibly get harmed for money that does not belong to her or he. Banks will always advise staff to cough up the working cash to avoid any harm to their staff.

This method is well tested and popular around the world because if the culprit is caught the Law can only prosecute armed robbery if they can show evidence of a weapon.

In Singapore SS gangsters in the past will extort money from hawkers and stall holders with rolled up newspaper giving the impression that there is a knife or weapon in it.
 

ckmpd

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Re: Mystery heist : how did robber steal US$22,000 from Singapore bank armed with not

Its is common and popular method of committing robbery. The slip of paper will carry a threat usually suggesting that the robber is in possession of a weapon. Which teller is silly and stupid enough to argue and possibly get harmed for money that does not belong to her or he. Banks will always advise staff to cough up the working cash to avoid any harm to their staff.

This method is well tested and popular around the world because if the culprit is caught the Law can only prosecute armed robbery if they can show evidence of a weapon.

In Singapore SS gangsters in the past will extort money from hawkers and stall holders with rolled up newspaper giving the impression that there is a knife or weapon in it.

Three likely reasons:

1. Lax security
2. Cheap cashier was not well trained, lack skill and experience
3. Foreigner was desperate in high cost SG and resorted to committing crime
 

red amoeba

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Re: Mystery heist : how did robber steal US$22,000 from Singapore bank armed with not

Stand chart cutting costs cannot even afford security ? Think better withdraw ur savings from there.
 
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