Agricultural Bank Of China Heist

It would be an almost embarrassing comedy of errors involving two tons of cash worth 51 million yuan 6 7 million carted out of a vault.

Agricultural bank of china heist. Agricultural bank of china robbery wikipedia the agricultural bank of china robbery was the embezzlement of nearly 51 million yuan c. 9 5 million two bank vault managers were inspired and emboldened by their manager who stole 33 000 gambled it on chinese lottery tickets won a large prize and reimbursed the vault without incident. Perpetrated by two vault managers employed at the branch it is the largest bank robbery in china s history. Amount stolen 6 4 million.

On march 31 2008 ren and ma were executed. Agricultural bank of china limited releases 2020 interim results hong kong august 31 2020 agricultural bank of china limited abc or the bank. The idea for the heist had begun when one of the managers ren xiaofeng stole 200 000 yuan c us 26 000 in october 2006 with the complicity of two security guards zhao xuenan and zhang qiang. Us 6 7 million from the handan branch of the agricultural bank of china abc in hebei province between march 16 and april 14 2007.

The agricultural bank of china robbery was the embezzlement of nearly 51 million yuan c. The agricultural bank of china banned employees from talking about the case. So begins the tale of china s biggest ever bank heist. Local courts sealed the legal records.