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Guards Steal $282 Million From Baghdad Bank »

Posted By TechnologyExpert 1 year, 3 months ago in News
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Guards staged one of the largest bank robberies in Iraqi history, making off with a stunning $282 million dollars in cash from a private bank in central Baghdad, Aswat al-Iraq reports in Arabic.

Read Full Story at iraqslogger.com »

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TechnologyExpert

I am Editor-in-Chief at Alice Hill's RealTechNews (http://www.realtechnews.com). I also have my own blog (Tech-Ex) at http://TechnologyExpert.Blogspot.com. Finally ...

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    TechnologyExpert1 year, 3 months ago

    Speaking on condition of anonymity, an Interior Ministry source told Aswat al-Iraq that, "Three guards working for the Dar al-Salam Bank located on Sa'adoun Street in Central Baghdad were able to attack the bank . . . stealing a sum of up to $282 million dollars, and fled in an unknown direction after implementing the operation."

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      supabro151 year, 3 months ago

      as long as anybody wasnt hurt, wow, what badasses

      i think at some time or another, at least half the male population has thought of being a suave thief like in oceans 11.

      i hope they get caught though, inflation is bad enough as it is.

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      somecommonsense1 year, 3 months ago

      According to unnamed sources the robbers wore animal masks, spoke with Texas accents and one man was heard gigling as he walked off with the loot..."hehehe...we got the money..hehehehe...call Cheney..doh I mean....Call Bluebeard...dammit I keep forgeting our code names!!"

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        Fedquip1 year, 3 months ago

        Thanks tech expert, here is an alternative source.

        http://www.reuters.com/article/oddlyEnoughNews/...

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        not2needy1 year, 3 months ago

        WOW! That's a lot of money.

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          quackpot1 year, 3 months ago

          It sure is. It could have funded a half day of the war (currently funded at about 12 billion/month).

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        jumpmaster1 year, 3 months ago

        What would Allah do?

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          joeblowe1 year, 3 months ago

          Allah would buy lots of weapons and bombs to kill the infidels. And that's probably just what will happen.

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          joeblowe1 year, 3 months ago

          Apparently Allah would NOT buy lots of explosives and bullets so he could kill many infidels. That's what I suggested yesterday, but for some insane "reason" the remark was removed by someone at Netscape. Something stupid is going on here. I got a message from WCFIELDS saying he was leaving this site because of being censored. Unless he posted up something much worse than what he claimed.... he's right to do so. All of a sudden this appears NOT to be an open forum, but is rather now required to be "politically correct" in every nuance. If I want politically correct news and commentary, I'll watch channel 7. Notice that Teech got censored too. And for something no worse. I think maybe there is a religious zealot working at Netscape. Possibly a Muslim.

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          ProudBlueTexan1 year, 3 months ago

          So What? bush/cheney/gop have made off with billions and billions! Just another day under the bushCo regime.

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            grandpawh1 year, 3 months ago

            Think you could show a little proof of your statement--not just spout BS without any back-up to your charges. Just saying something doesn't make it true. Any proof or are you just parroting crap you heard somewhere?

            Gramps

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            thegemacogroup1 year, 3 months ago

            You want to hear something LESS STUPIT then your comment, it was mr. clinton, one of billy's girlfriends, and sandi burger, after they are WELL NONE for STEALING.

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          jumpmaster1 year, 3 months ago

          Whenever you commit a crime, just make sure that there are other, bigger crimes taking place. The other crimes will relieve you of any retribution, prosecution, or punishment.

          I mean, after all, look at all the money that Cheney, Halliburton, Bush, et al, stole.

          Excellent strategy and timing by the Baghdad Burglers.

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            grandpawh1 year, 3 months ago

            Again, sure would be nice to see some proof--not just BS.

            Gramps

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          ZenAgain1 year, 3 months ago

          Meh! Plenty more where that came from.

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            Ciera-Marie1 year, 3 months ago

            sniper1:

            ""The Iraqi people owe me for gas money"!"

            LOL too funny!

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              retbg1 year, 3 months ago

              Hey Stein. You having a bad hair day. I expected that you would post the ABSOLUTE emus (you know what that means) that the Zionists did it in cooperation with the CIA, MI6 and the international Jewish/Freemason cabal.

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                aceofspades11 year, 3 months ago

                Stein couldn't say that because it was done on a Saturday

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                GHOSTWHOWALKS1 year, 3 months ago

                Don't worry. It'll show up in the form of IED's, suicide bombers, and more imported thugs. Get us the F*ck outa Iraq before the crushing debt this fools war has cost; buries us under a mountain of fallen comrades.

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                  pagey1 year, 3 months ago

                  A little surprised, they even had that much in the bank

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                    time4change1 year, 3 months ago

                    You're surprised ?? Where do you think all your tax $$$ are going ?? Not to protect the troops with armor, etc...but to line the pockets of the rich in Baghdad.....and the Cheny, Halliburton folks......that's the reason we can't withdraw...they haven't finished bankrupting this country yet !

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                  Commodore11 year, 3 months ago

                  Well come on liberals... Blame Bush!

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                    vidman041 year, 3 months ago

                    see the above posts, they already have....

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                    aceofspades11 year, 3 months ago

                    Why should we have to voice it - it's a given

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                    jumpmaster1 year, 3 months ago

                    I wish the thieves would spend all that money on IUD's instead of IED's. Then maybe there wouldn't be so many of them running around blowing things up.

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                      JJTopp1 year, 3 months ago

                      Can't wait to see this HEADLINE in the USA (I'm not hoding my breath): "Privately owned FEDERAL RESERVE BANK and US GOVERNMENT HAS STOLEN TRILLIONS of DOLLARS from the AMERICAN TAXPAYER through the printing of PAPER DOLLARS (AKA INFLATION)"

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                      ADAGUY1 year, 3 months ago

                      So what are the odds that Haliburton had the contract to provide guards?

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                      MT_Guy1 year, 3 months ago

                      Things aren't bad enough for the people in Baghdad what with the US stealing money in their name right and left, trying to set up a grab of a huge percentage of their oil reserves, and the indiscriminate killing of civilians by our "security" forces. Now we get a multi-million dollar bank heist right in the middle of the Surge.

                      Now THAT'S some nice security for the people there, eh?

                      Iraq - their money isn't safe, their people aren't safe, and their roads aren't safe. I'll bet they're lovin' our brand of democracy right about now.

                      When you look at everything we've done in that country, getting rid of Saddam Hussein was about the only good thing so far. Everything else we've touched has turned to... well, you know what I'm talking about.

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                        lvl99miner1 year, 3 months ago

                        Come on! Yes, bad stuff has happened in Iraq as a result of some bad people but a lot of good has happened too. The media just seldom covers good as they love to focus on negative stuff to keep ratings high. I'm not saying that all is well there-I just wish more of the good that has happened there would be reported.

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                        retbg1 year, 3 months ago

                        They ought to try living in East Los Angeles then!

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                        proudcanuck1 year, 3 months ago

                        Well that heist should help finance the insurgents and terrorists nicely.What the heck is so much American currency doing in a Iraqi bank anyway,especially guarded by Iraqi guards.Wake up America,sounds like the Iraqi security forces are loaded with factions of your enemy.

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                          AmericanIdiot1 year, 3 months ago

                          Wow. Talk about "wild west". These boys put the Jesse James gang to shame.

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                            retbg1 year, 3 months ago

                            So, like is there a penalty for early withdrawl? and did they take their free toaster?

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                              richtech1 year, 3 months ago

                              UNBELIEVABLE!

                              There is $10,000 in a 100 pack of $100 dollar bills.

                              Each $10,000 pack weighs 102 grams.

                              The stolen $282,000,000 has 28,200 packs of $100 with $10,000 each.

                              The weight of 102 grams per pack times 28,200 packs is 2,876,400 grams, or 2,876.4 kilograms.

                              There is 2.2 pounds per kilograms, so 2,876.4 kg is about 6328 pounds.

                              Those guys had to carry a lot of weight in their pockets.

                              The $282,000,000 in US Dollars weighs about 6328 pounds, not including the extra packaging.

                              This amount of money is usually sealed in plastic bag "bricks" of 10x packs of $10,000 ($100,000 bricks).

                              There are no US Banknote denominations higher that $100 in use at this time.

                              This also assumes that the money was strictly $100 banknotes, and no smaller denominations, which would increase the overall weight.

                              Plus it all had to be on several pallets just to handle it all.

                              THIS JOB COULD NOT HAVE BEEN DONE WITHOUT A LOT OF EXTRA HELP....

                              richard

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                                DavePave1 year, 3 months ago

                                I believe everything I read in the scumbag liberal press... I am a proud DIM!

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                                  saneman1 year, 3 months ago

                                  It probably was Neil Bush scheming and stealing money like he has done in the past. Neil Bush stole $1.3 billion from the American taxpayer and was required to pay back a very small token amount. Neil is known to spend a lot of time in the Middle East especially Dubai.

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                                    pattif1 year, 3 months ago

                                    Ho Hum, I am never at the right place at the right time!

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                                    eugenegerard1 year, 3 months ago

                                    It wouldn't suprise me to find out that mercenaries aided the theft.

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                                      Ihaterepubs1 year, 3 months ago

                                      It's called Haliburton.

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                                        Bruedaddy1 year, 3 months ago

                                        No, they make their money just fine out in the open.

                                        It was more like Al Q or in the least an inside job.

                                        see richtech's post!

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                                          Bruedaddy1 year, 3 months ago

                                          be certain the money won't be going to feed the children.

                                          more like feed the insurgency.

                                          this is very bad.

                                          Reply
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