1998 Bank of America robbery

January 2021 1998 robbery in New York CitySeptember 2021 September 2021 The 1998 Bank of America robbery was a bank robbery of $1.6 million in cash at the Bank of America in the World Trade Center's North Tower, in New York City, on January 14, 1998. Background The robbery was plotted and executed by Ralph Guarino, a career criminal with connections to the DeCavalcante crime family. Guarino received some intelligence from a WTC worker named Salvatore Calciano, who told him about the increased security that followed the 1993 World Trade Center bombing and would later give him It's unclear from this passage if the ID belongs to Calciano or his friend an employee ID badge from a friend of Calciano April 2026. He also told Guarino when a Brink's armored truck would arrive to deliver money via elevator to the 11th floor of the North Tower (Tower One) of the WTC. The two of them planned the robbery and recruited three other criminals to complete the actual robbery: Richie Gillette, 39, from Windsor Terrace, Brooklyn, as well as his friends Melvin Folk, 44, and Mike Reed, 34. Robbery On Wednesday, January 14, 1998, a Brink's van pulled up to the World Trade Center at around 8:30 a.m. and began unloading bags of money. Only Gillette wore a ski mask in order to make it more difficult for others to identify him. They successfully subdued the WTC employees and guards, and proceeded to steal the bags. They took a total of $1.6 million (worth $US 1.6 1998 +1 c million today)https://www.nytimes.com/1998/01/14/nyregion/3-gunmen-rob-guards-of-1.6-million-at-world-trade-center-bank.html 3 Gunmen Rob Guards of $1.6 Million at World Trade Center Bank Kit R. Roane The New York Times January 14, 1998 January 11, 2016 and exited the WTC at 8:45 a.m. Capture of the robbers In the aftermath of the robbery, Folk and Reed returned to their old neighborhoods and were quickly identified and captured. Gillette was questioned by security after boarding an Amtrak train but was not detained at the time. He was later found and arrested in Albuquerque, New Mexico, two days later, at 8:30 pm, January 16. The FBI did not believe the three had acted alone and began to search for a mastermind. Guarino had various ideas of how to get rid of the money but ultimately was unable to follow through on any plans before FBI agents came to arrest him at his Staten Island home. Following his arrest, Guarino agreed to become an FBI informant on the DeCavalcante crime family. See also Banks List of bank robbers and robberies References Sources Smith Greg B. Made Men: The True Rise-and-Fall Story of a New Jersey Mob Family 2003 Berkley Books 0-425-18551-6 registration https://archive.org/details/madementruerisea0000smit 40.7121 N 74.0132 W dms type:event_region:US-NY_scale:50000 title Category:1998 in New York City Category:1990s crimes in New York City Category:1990s in Manhattan Category:Bank of America Category:Bank robberies in the United States Category:Crimes in Manhattan Category:DeCavalcante crime family Category:American Mafia events Category:World Trade Center Category:January 1998 crimes in the United States