Banker Forced to Rob Own Branch

Sunday, Mar 1, 2009  |  Updated 1:15 AM EDT
View Comments (
)
|
Email
|
Print
Banker Forced to Rob Own Branch

AP

The heist was the biggest of its kind in the history of the Republic of Ireland.

DUBLIN — Police recovered millions in stolen cash and interrogated seven suspected robbers Saturday, a day after a gang took a bank employee's family hostage and forced him to rob his own branch.

On Friday, six armed, masked men stormed into the rural home of Bank of Ireland worker Shane Travers. They tied up his partner, her 5-year-old son and her mother, and told Travers they would be killed unless he cooperated.

Such hostage-taking tactics are common in Ireland's criminal underworld — but never in Republic of Ireland history have they netted anything close to the €7 million ($9 million) that Travers carried out from his branch Friday morning.

His family had been abandoned inside a van north of Dublin, but escaped on their own and were not seriously harmed.

Police said that shortly before midnight they raided a house in the inner north Dublin district of Phibsborough and stopped a car on a highway ringing Dublin. A third of the stolen money has been recovered.

So-called "tiger kidnappings" — when gangs seize families of bank officials and force them to breach their employers' security — are common crimes in Ireland, a close-knit society where criminals can closely track their targets. But they typically involve thefts below €1 million.

Friday's raid on the Bank of Ireland branch in College Green, the tourist heart of Dublin, represented by far the biggest robbery in the history of the Republic of Ireland. But it pales in comparison with a similar 2004 raid in the neighboring British territory of Northern Ireland, when two Northern Bank employees were forced to help a gang take more than 26 million pounds from the bank's central Belfast vault.
 

Get the latest headlines sent to your inbox!
View Comments (
)
|
Email
|
Print
Leave Comments
NBC4's Camp4Kids
NBC4 launched Camp4Kids in 1993,... Read more
Follow Us
Sign up to receive news and updates that matter to you.
Send Us Your Story Tips
Check Out