Burglars steal cash during bank break-in
Royal Bank of Canada (RBC), George Town, Grand Cayman
(CNS): The Royal Bank of Canada on Shedden Road was broken into and cash stolen sometime Wednesday night, police have confirmed, saying that bank staff discovered the break-in when they arrived for work this morning (Thursday, 23 June). Police said the thieves did not gain access to the vault but stole cash from the dispensing units at cashiers’ desks, though they did not say how the culprits managed to break into the bank or pass security systems and alarms.
The incident is under investigation and anyone who may have seen suspicious activity around the bank’s premises after 9:00pm yesterday evening or who may have information regarding this incident is asked to contact George Town CID at 949-4222.
Anonymous tips can be provided via the Miami-based call centre of Crime Stoppers at 800-8477(TIPS).
This seem to be an ‘inside’ job which is very disturbing.
Regardless of how robust the security system level is, if it is an ‘inside’ job it would be an easy process especially if more than one person is in on the plan and possibly working in the cash department (makes it that much easier).
If this was an ‘outside’ job, there is no way (and I hope not) sensors or the alarm system would not have alerted the security company and/or police. From my understanding no windows or doors broken or alarm triggered…. sounds very much ‘inside’
To be able to access the bank before, during and after hours; there will always be a trace validated by swipe cards and employee ids along with cameras so there should be some evidence of who did this. Hopefully this case is solved very soon and appropriate action is taken on the person(s) involved.
Realistically thinking; ‘NO’ organization intend to hire individuals that cannot be trusted, therefore, when such acts occur it is entirely up to that/those particular person(s) which the company have no control of individual’s thinking/mind-set or actions. Companies only hope they make the decision in which they hire and hope persons are honest and uphold some level of integrity.
To the best of my knowledge every bank’s (customer deposits) money is fully insured and no customer will lose their money due to a robbery regardless of how it took place. So I would not be too concerned in this respect. Bank are held fully accountable for customer money.
Robberies take place every second of the day worldwide and many have taken place in Cayman. These are incidents that are inevitable and the organization and its employees need to move forward and improve security (if this is the case) and amend internal protocols.
This is a learning lesson for RBC and other banks as well as all companies – this could happen to any business place.
Why is no one saying how much was stolen, surely they know?
Blogger at 5:57 was extremely funny. Arrested the attention of many; cracked us up on a serious report.
Bank Robberies in any Jurisdiction is bad press for consumer confidence both locally and unfortunately, internationally.
Fundamentally, while many bloggers poke fun at articles of public interest and Police investigations, many bloggers always provide helpful tips and suggestions that render invaluable assistance to Police.
The Police undoubtedly would be prudent to pay close attention to bloggers comments by monitoring news media where all their Police reports are herald to the public just the same as face-book and other social media platforms for photos and comments that may be helpful in investigations and crime detection. What’s the point of being a detective if you cannot detect.
Logically, one would clearly surmise that this may very well have been an inside job. This is based on the limited information the Police provided to the public for often times constructive and investigative reasons. Equally, some criminals more than likely read reports and blogs.
Perhaps, monies were stolen prior to the close of the Bank’s business hours and the doors were left unlocked thereafter for staff to discover the following day, Thursday during the week. That stunt would not be a likely attempt for a week end as there is a longer window for detection of unlocked doors by security personnel or persons other than Bank staff.
Of course, this theory is simply based on the understandable and accepted limited information provided. The Police could easily dismiss this theory from the information they should have gathered such as persons seen (more than likely massed) inside the Bank after closing in the process of stealing. However, whether or not this theory is viable then reviewing video activities prior to the bank’s closing would in any event be paramount, even activities days or a week prior to compare with evidence from staff.
The objective is to also establish if this assumed unsafe Bank practice was an alarming routine.
Everyone should do their part to assist in solving and detecting crime for it is not only the right thing to do as a decent cooperate member of society but it helps to solve crime, promote and improve the stability of our country. We all have varied views and opinions and we must respect and coordinate our efforts instead of demoralizing each other.
Remember, if a pot hole in the road is not repaired or attended to, every driver, including Politicians and a few pedestrians will eventually fall in it. And the cost to repair the front end of any car is expensive.
I checked my account and all my money was there still… phew
Jamaican or Honduran gang or maybe even Filipino by now
The thief also knew not to touch the vault because it would set of the alarm system, and knew where the money was . The police should start investigation from inside top to bottom. Because I think the next time the vault would be left open .
I am closing my account there today. How can this even be possible? What kind of security does this bank that I have banked at for so many years be robbed in this manner? I hope they find the thief!
You should wonder about the bank’s staff who had the knowledge to access these machines and remove the cash. What type of security or procedures did the bank have on the machines? Did the machines require two passwords? Etc. a building can only be broken into from the outside. When it is an inside job, it is called white collar crime. Anonymous.
They wa like its my money and I want it NOW!!!
Simple overnight withdrawal..no biggie
This was an INSIDE JOB well set up even to blind Bartamious could see this one a mile off…
Given the level of security systems in Cayman banks, it is safe to say there’s a lot more to this “story”.
There’s no way anyone should be able to enter a bank in Cayman without triggering an alarm unless ALL the systems were broken or nothing was activated.
RBC should have all the evidence the cops need to wrap this up in a few days.
What did you think they were going to steal? A chicken sandwich?
This is simply incredible!! How can someone walk in/out of a major bank after closing hours without the alarms going off! Something is seriously wrong here.
No, this was an inside job. In fact, most of the robberies that take place in the world are orchestrated by someone on the inside.
Now that’s some funny sh$the!
Sounds like an inside job.
A bit of slackness on the banks part !
I cannot believe this statement! quote “Police said the thieves did not gain access to the vault but stole cash from the dispensing units at cashiers’ desks”.
Would someone explain why cash is not secured overnight in the vault under double custody using the combination locks?. One really expects better of the management at the Royal than to have this kind of slackness. Is this an inside job or what?
If you have never banked with RBC I can see why this would seem bizarre. Unlike most banks, the tellers at RBC do not have a traditional cash drawer or till. Instead they have this machine that they use to send the deposited cash to the back of the house, and to bring cash forward to the front of the house to satisfy withdrawals. Those machines mean there is no active cash at the teller windows. The robber(s) broke into one of these machines at the back of the house. Which, from my understanding, have several layers of security attached to their operation. So, clearly this was an inside job.
Why is any cash is the till at night… Surely it all gets moved to the vault… Or would that be too simple ( or rather to much effort..?
Speaking as someone with 15 years of real multinational bank experience…
That is really something. Inside job, no doubt about it.
Them robbers are very lucky they didn’t break into a bank close to RCIP HQ. Then they would have been in big trouble!!
Nice. I didn’t know you could just get money anytime you wanted.
Don’t tell me their expensive alarm system was from – – – – – – – – – – – – – – – – – or was it an inside job where the alarm system was de-activated – for the thieves after hours party ?