Banco Central Burglary at Fortaleza - The Burglary

The Burglary

On the weekend of August 6, 2005, a gang of burglars tunneled into the bank and removed five containers of 50-real notes, with an estimated value of R$ 164,755,150 (about 71.6 million USD at 2005 exchange rate) and weighing about 3.5 tons. The money was uninsured, a bank spokesperson stating that the risks were too small to justify the insurance premiums. The burglars managed to evade or disable the bank's internal alarms and sensors, and the burglary remained undiscovered until the bank opened for business the following Monday.

Banco Central is the Brazilian central bank, charged with control of the money supply. The money in the vault was to be examined to decide whether it should be recirculated or destroyed. The bills were not numbered sequentially, making them almost impossible to trace.

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