Even Bank Robbers Are Going High Tech

They're eschewing the time-honored tradition of sticking up banks in person and, instead, going online.

Of course, there are some 70 year olds who still rob banks the old fashioned way.

FEBRUARY 11, 2013

Criminals Give Up on Robbing Banks and Head for the Internet

The FBI is leaving more bank-robbery investigations to local police now that bank holdups in the U.S. are on the decline, says the Wall Street Journal. Bank robbers stole $29.5 million, or $7,600 per heist, in 2012, down from $107 million, or $12,400 per crime, in 1997. Would-be robbers are responding to tighter security in banks, tougher sentences for offenders, and the allure of easy money in internet crime: The American Bankers Association estimates criminals netted $1.8 billion in check and debit-card fraud in 2010.

Source: Crime That No Longer Pays