- Written by Business Day Live
- Category: Cash-In-Transit
- Hits: 3629
Dr Hennie Lochner‚ who interviewed 21 people doing time for cash-in-transit robberies, as part of his doctoral studies had some interesting findings. The study which took place in South Africa can provide some important insights for armored carrier and secure transport operators around the world.
- Written by Matthew S Daye
- Category: Cash-In-Transit
- Hits: 3952
When someone hears the term, "Armored Car," they usually imagine the big, bulky, square, tank-like trucks that transport money to banks. But what about other types of armored vehicles? The ones used to transport other types of precious cargo -- including important people -- all around the world?
- Written by Matthew S Daye
- Category: Cash-In-Transit
- Hits: 11540
Trusting a cash-in-transit company with transporting cash or other valuables is not something you should do until you have thoroughly researched your options. About 60% of the cash-in-transit global market is controlled by only five companies due to the high cost of offering this kind of service. Here are a few things you should look for when selecting a CIT service provider.
- Written by Matthew S Daye
- Category: Cash-In-Transit
- Hits: 10865
In November 2013, the Prosperity Bank in El Campo, Texas was robbed. According to the local El Campo Leader-News, three suspects, had been placed on trial – and they have pleaded guilty. Score one for law enforcement. In other news, an armored car, carrying $4 million, was hijacked by robbers. The robbers apprently took the vehicle to a metalworking plant and cut it open to get to the money. This time they got away. Sound more familiar?
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