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A bank vault is a secure room used by banks to store and protect valuables, cash, and important documents. Modern bank vaults are typically made of reinforced concrete and steel, with complex locking mechanisms and security systems. This article covers the design, construction, and security features of bank vaults.
Safe deposit boxes inside a Swiss bank. Safe deposit vault in Joplin, Missouri after the 2011 Joplin tornado, remaining intact despite the destruction of the bank that housed it. A safe deposit box, sometimes referred to as a safety deposit box, is an individually secured container, usually held within a larger safe or bank vault.
The United California Bank burglary took place on 24 March 1972, when the safe deposit vault at United California Bank in Laguna Niguel, California, was broken into and US$9 million (equivalent to $65.6 million in 2023) in cash and valuables were looted by professional burglars led by Amil Dinsio.
On Friday, July 11, 1969, Conrad, whose job it was to package cash to be distributed throughout Society National Bank branches, entered the headquarters' vault. He filled a paper bag with $215,000 ...
She said she gave the money to her boyfriend, who has since died, according to federal authorities. Bank manager steals cash directly from vault in $439,000 Missouri fraud case, feds say Skip to ...
The vault is used to store a large portion of the United States' gold reserves as well as other precious items belonging to or in custody of the federal government. It currently holds roughly 147 million troy ounces (4,580 metric tons) of gold bullion , a little over half the total gold presently held by the federal government . [ 2 ]
This allowed them to empty the vault of more than $245,000 in bank money. According to the Times , it cannot be confirmed if this was a robbery or a burglary. [ 9 ] The Post later corrected this claim upon learning of a previous 1798 robbery of $162,821 from the Bank of Pennsylvania at Carpenters' Hall.
An excavator with a powerful chisel attachment worked last week to break apart a heavy steel-reinforced bank vault at the former U.S. Bank building in Pasco.