Posts Tagged ‘Cash Advance Entrepenuer News’
25
Aug

According to the Federal Bureau of Investigation, there have been 1304 Robberies, Burglaries, and Larcenies of Banks and Credit Unions this year.

Loot was taken in 1,200 (92 percent) of the 1,304 incidents, with $9,494,670 in cash and $40,000 in traveler’s checks, Of the loot taken, 1.5 Million has already been taken by authorities.

The FBI reports 1,548 persons have been identified by race and sex. In a small number of cases, the use of full disguise makes determination of race.

The FBI Investigations to date have resulted in the identification of 616 (40 percent) of the 1,548 persons known to be involved. Interestingly, of the  616 identified persons, 206 (33 percent) were determined to be users of narcotics and 113 (18 percent) were found to have been previously convicted in either federal or state court for bank robbery.

Recently, there has been a slew of Robberies reported at Brick and mortar Payday Locations. Expect these brick and Mortar Companies to continue their initiatives online as the expenses, security, and overhead continue to increase in the Offline Payday lending Industry.

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